Example od Wyckoff accumulation on WIG20 Futures in Dec 2020
Trends rarely reverse instantly.
It took 3 days to print this reversing pattern.
It is always good to have a real world example of Wyckoff accumulation at hand.
Including the volume!
In this case the main stopping power occurred in the Preliminary Support.
PS - Preliminary Support
SC - Selling Climax
AR - Automatic Rally
ST - Secondary Test
SOS - Sign of Strength
LPS - Last Point of Support
It took 3 days to print this reversing pattern.
It is always good to have a real world example of Wyckoff accumulation at hand.
Including the volume!
In this case the main stopping power occurred in the Preliminary Support.
PS - Preliminary Support
SC - Selling Climax
AR - Automatic Rally
ST - Secondary Test
SOS - Sign of Strength
LPS - Last Point of Support