Wyckoff in the making and almost completed! Had a good ride on it from the bottom top, towards the rest of Upthrust Action and closed it before NY Opening Friday. Seems to be the right thing because made a classic Friday Trapday Movement..
Really dont like to trade mondays, but with a formation playing out like this, would be dumb not to take it. Thats trading, no risk no gain!
If the formation chooses to be complete, expect a massive long Swing Trade! Target will be set on the Daily and Weekly Timeframe. Reason for a potential massive ride to the upside, are the stocks.. All the major stock indexes are correlated with AUD - NZD, helped me out big time to catch some very strong trades in the past!