Hello there
XLMUSD is bearish, but there is a large zone of support from (n) to the dead zone. For this reason, the bias is anticipated as bullish on a pullback, requiring patience for the end of the bearish ABC.
It is in areas like these, in the dead zone, where Wyckoff's schematic may come in useful.
-Remember that while someone can teach you theoretical trading concepts and diagrams, they can never give you determination.
Khiwe.
XLMUSD is bearish, but there is a large zone of support from (n) to the dead zone. For this reason, the bias is anticipated as bullish on a pullback, requiring patience for the end of the bearish ABC.
It is in areas like these, in the dead zone, where Wyckoff's schematic may come in useful.
-Remember that while someone can teach you theoretical trading concepts and diagrams, they can never give you determination.
Khiwe.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.