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

The Wyckoff method is used by all kinds of traders to make better-informed 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 range-bound 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, back-up, and sign of strength. Trade Crypto on Phemex → ← Register now for a 7-day free Premium Membership Trial and other trading bonuses. Follow us on: Twitter http://bi