medium · Volume Spread Analysis wyckoff-phases-schematics
A bearish two-bar reversal occurs at the top of a 'Mark-Up' phase.
What is the most logical profit objective using VSA principles?
- Zero, as you should hold until the next selling climax appears
- Wait for the Fibonacci 61.8% retracement level
- The nearest significant trend line or the bottom of the distribution range
- A fixed 2:1 reward-to-risk ratio based on the entry price
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