ELECTCAST LONG

מעודכן
Lets analyse a stock with wyckoffian 3rd law ..... ..........Volume is the EFFORT and Spread (Price) is the RESULT ............. someone just looking at only price and ignoring ........VOLUME ............ HALF the data thats available for analysis
Wyckoffian 3rd Law also gives importance to HARMONY ( small spread and small volume) .................. ANAMOLY ( small spread with large volume or large spread with small volume ) ...... both are important when we analyse the chart and activity of the COMPOSITE MAN
candle 1 and 5 is harmony and candle 2,3 ,4 are ANAMOLY
candle 1 ... large volume high range candle with breakout , candle 2 was low range but high volume ....... price had a pause for few days ... , candle 3 high range and low volume candle ... manipulation by composite man to shake out weak hands candle 4 ..... high range candle with low volume ....candle 5 ..... again the smart money checking the easy of movement and could get a high range candle with less volume(Less EFFORT ) compared to the breakout volume ....... stock is ready to be marked up
once we understand this Target 1 reached .. calculated by fibonacci extension tool
target 2 can also be calculated
הערה
(Disclaimer - Not a Buy/Sell recommendation. Only Education purpose ......, NOT SEBI REGISTERED )
Beyond Technical AnalysisFibonaccifibonnacciVSAwyckoff

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