/biz/ - Business & Finance

>>	Anonymous Sat Mar 6 13:58:58 2021 No.30356126 [View] File: 839 KB, 2600x1474, F words 2.png [View same] [iqdb] [saucenao] [google] >>30355088

Anonymous Mon Mar 11 04:48:46 2019 No.12984816 [View]
File: 839 KB, 2600x1474, MUHACCUMULATION.png [View same] [iqdb] [saucenao] [google]

>>12984810
OK FAGGOT SO WHAT THE FUCK IS THIS GAY WYCKOFF SHIT WITH ALL THESE FUCKING ABBREVIATIONS?

THESE ARE THE 2 ACCUMULATION PATTERNS THAT WERE IDENTIFIED BUY A GUY NAMED RICHARD WYCKOFF IN THE EARLY 1900'S. THESE PATTERNS ARE PRESENT WHEN BIGGER PLAYERS BUY INTO AN ASSET FOR CHEAP WHILE SIMULTANEOUSLY REMOVING A SHIT LOAD OF SUPPLY FROM THE MARKET. THE WAY IN WHICH THEY CAREFULLY BUY AS NOT TO PUSH THE PRICE TOO HIGH IS WHAT MAKES THESE SPECIFIC PATTERNS FORM. WE CAN BREAK THESE DOWN FURTHER LATER, BUT FOR NOW JUST KNOW THAT THIS IS WHAT IT LOOKS LIKE WHEN SMART MONEY IS BUYING LOTS OF SHIT FOR CHEAP THAT THEY PLAN ON HOLDING FOR THE LONGER TERM AND SELLING NEAR THE TOP OF CYCLE.

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