Glossary - ChicksX

Wyckoff is a trading strategy analyzing market trends and investor psychology for informed decision-making.

Wyckoff is a trading strategy developed by Richard D. Wyckoff, focusing on market trends and investor behavior. It involves analyzing price and volume patterns to identify accumulation, distribution, markup, and markdown phases. By understanding these phases, traders can make informed decisions about market entry and exit points. Wyckoff's method emphasizes the importance of supply and demand, the role of major market players, and the psychological aspects of trading. This approach is widely used in both traditional and crypto markets for its comprehensive analysis of market dynamics.