|
I’ve been finding Wyckoff Theory super helpful for my day trading, and honestly, it’s not just for long-term investors. The core ideas of supply and demand, accumulation, and distribution are incredibly useful for reading intraday charts too. For example this is what I thought was gonna happen for bitcoin, where price was first gonna sweep some liquidity for tap 2 then head into supply. What actually happened was tap two into supply and down we go to the bottom of the range. Right now I am looking for a model 2 with a tap 3 into the supply created from the down move. Anyone else here using Wyckoff for day trading? submitted by /u/EcheronFX to r/Daytrading |