Wyckoff logic – Sugar Accumulation *PIC*

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In Wyckoff markets move after cause has been built to sustain (support) the move. Here I’ve gone back to my roots measuring cause.

Measuring the horizontal price action, turn it vertical gives one the potential objective. Weekly Sugar it’s worked out pretty well in the past. Both minor & major price action.

Then on the bottom of the chart I’ve labeled the phases as I see them. If this is the end of phase C, phase D should offer LPS, SOS, JOC, ST of Creek & LPS. Phase E is the markup to objective.

Anyway it’s a nice little chart, lets see if my read has merritt.

As always----- “trade what you see”

Best of trades to everyone!

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Wyckoff logic – Sugar Accumulation *PIC*

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