USDJPY 4H TF. A Failed Wyckoff distribution schematic happened leading to the bullish move seen.

2 thoughts on “USDJPY 4H TF. A Failed Wyckoff distribution schematic happened leading to the bullish move seen.”

1. Why do I feel like people just make up random ass acronyms and terms in order to make themselves seem smarter?

   When I look at that chart the things that come into my mind are:

   PSY = Guy who made Gangnam Style

   AR = Augmented Reality

   SOW = You reap what you sow

   UpThrust = Another word for Buoyancy in Physics

   UT = University of Texas

   If you wanted to give a reason to short you could’ve just simply shown: https://www.tradingview.com/x/PrnsG8lu/

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2. USDJPY 4H TF. A Failed Wyckoff distribution schematic happened leading to the bullish move seen. This is average times the case when wyckoff distribution fails. Same applies for Wyckoff accumulation; fail = bear move. Now when a fail happens in wyckoff schematics, opposite sets in average times, what to do? Well there is average times another wyckoff schematic that forms after a failed schematic. In this case, we are seeing a bullish move which at a point in time, would have to carry our preliminary supply known as PSY (belonging to Distribution family), at this point, one should make money from that psy . but then it could range and then start an accumulation schematic by carrying out a selling climax. In all, if you are patient enough, you will make money from a sell position in this trade – maybe apply those accurate indicator of yours.

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