USDCAD - Wyckoff Long
- Wyckoff Accumulation schematic playing out
- I believe it to be an accumulation and not a re-distro because price is at the very bottom of a daily TF channel AND a trendline
- Trade should be entered when a clear LPOD (last point of demand) is made. Price could drop past the expected area due to market open volatility and also to catch liquidity so wait for more confirmations
- I believe it to be an accumulation and not a re-distro because price is at the very bottom of a daily TF channel AND a trendline
- Trade should be entered when a clear LPOD (last point of demand) is made. Price could drop past the expected area due to market open volatility and also to catch liquidity so wait for more confirmations
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