BTCGBP 11 DECEMBER 2021 1520hrs

109
Same as USD. Just have to stick to targeting previous violent reaction areas (PVRs). All a PVR is is a previous accumulation or distribution area where there was a large move.

Will have to see if there is enough demand in any of these areas for a counter-trend set up. As usual I hope price continues to drop... the lower the better. Cheaper prices are good for buyers and its what SM does.

Buy low/ sell high.

Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Sam Seiden (supply and demand)
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Element 15 trades (bitchute/odessy)

Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)

Penafian

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