$DJI Undergoing Wyckoff Distribution?
Wyckoff Distribution is nothing to sneeze at. This could signify **Big Money** (known as "Composite Operators in the Wyckoff world) leaving the market. This would indicate that they are cashing out, not caring what happens to price. Here's the schematic that I've identified: miro.medium.com/max/1400/1*0AAL3ZcLmfxpnG2mLvBH-A.png
Additionally, this same schematic took place in bitcoin not too long ago. See my related ideas below for the visual. It unfortunately played out to a "T".
Could it be happening again here? If so, be very careful with *any* longs.
Additionally, this same schematic took place in bitcoin not too long ago. See my related ideas below for the visual. It unfortunately played out to a "T".
Could it be happening again here? If so, be very careful with *any* longs.
Follow me on each of my platforms to keep up to date:
Twitch.tv/CryptoJack
Twitter.com/@CryptoJackLive
tradingview.com/u/Crypt0Jack/
youtube.com/@cryptojacklive
Twitch.tv/CryptoJack
Twitter.com/@CryptoJackLive
tradingview.com/u/Crypt0Jack/
youtube.com/@cryptojacklive
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.