Wyckoff's Distribution pattern in GBPUSD
!*!*! Last point of Supply !*!*!
This is a Wyckoff's distribution pattern. It is at LPSY which is the last point of supply and our target is 1.3075 which is 90 pips target. It will move in lower lows and lower highs formation.
1.3075 is a good area to buy but first, we will look for any type of confirmation to buy after it 1.3075.
Good Luck!
This is a Wyckoff's distribution pattern. It is at LPSY which is the last point of supply and our target is 1.3075 which is 90 pips target. It will move in lower lows and lower highs formation.
1.3075 is a good area to buy but first, we will look for any type of confirmation to buy after it 1.3075.
Good Luck!