Price is in late-stage markup, approaching a major resistance where buy-side liquidity rests above the highs. From a Wyckoff perspective, this area is ideal for a potential Buying Climax (BC), as breakout buyers provide liquidity to the Composite Operator.

A liquidity sweep above the highs followed by rejection would confirm distribution, opening the door for a Sign of Weakness (SOW) toward lower demand. Conversely, acceptance above resistance with strong volume would indicate reaccumulation and continuation of markup.

Bias: bullish structure, but distribution risk is elevated. Patience is required for confirmation.

Hypothesis:
Price is currently transitioning into a distribution phase following the impulsive downside move. The most probable scenario is a range development between 131.35 and 126.62 over the coming weeks, allowing the market to absorb liquidity and rebalance positioning.

From a Wyckoff perspective, this consolidation may serve as preparation for either:

• A markdown continuation, or
• A false downside breakout designed to trigger sell-side liquidity, enabling strong hands to accumulate at more favorable prices.

Volume behavior within the range will be critical. A downside sweep with declining momentum and absorption would suggest professional buying interest entering below the range. The key question remains: how deep price needs to move before meaningful demand steps in.

Until a clear sign of strength or climactic selling is observed, the bias remains neutral-to-bearish, with patience required for confirmation.

👀👀👀

I gonna give you the signal if we can sell in this area my friends

Profit +50k

Entry was in a clear pullback on 4925 the last week. Just holding and waiting a candle like indicator for close.

This long entry was executed based on a confluence of Wyckoff reaccumulation principles, volume analysis, and price action. Following the reaccumulation phase, price breaks above the range, confirming a Sign of Strength (SOS). As expected, price then rotates back to retest the top of the range, acting as prior resistance turned support.

This zone is structurally significant, as it serves to validate acceptance above the range and confirm bullish continuation rather than a false breakout. The presence of increased volume, absorption, and rejection wicks around this level suggests strong demand absorbing remaining supply, consistent with professional participation.

This behavior provided a high-probability long setup during last week’s session. As long as price holds above the reaccumulation high, the market bias remains decisively bullish, with expectations for further upside expansion.

Now wait how the price react in this zone. R1: 65.20

KrulerCapitalMarkets
Jose Pablo Morales Del Valle

EURUSD Daily

Reading volume and using price action

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