Wyckoff Accumulation How to use the Wyckoff Method Upgrade your Crypto Trading

The Wyckoff method is used by all kinds of traders to make betterinformed trades. There are six distinct parts of the Wyckoff accumulation phase, so in this video, we walk through each of them with visualizations so you can get a firm basic understanding. Once you get the idea, you can try it out for yourself Of course, if you re new to trading, we recommend practicing simulated trading to get a feel for it. The Wyckoff accumulation phase is a sideways and rangebound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions. The six distinct parts of the Wyckoff accumulation phase, all with an important function: the Preliminary Support, the Selling Climax. the automatic rally, the secondary test, the spring, and finally, the last point of support, backup, and sign of strength. Trade Crypto on Phemex Register now for a 7day free Premium Membership Trial and other trading bonuses. Follow us on: Twitter bi