Assuming you are familiar with with Wyckoff's theory of market cycle.
This two boxes resemble price distribution on different key levels, pay attention to price markdown following distribution in the first box.
Also major ABCDE wave is in play, D = Price Distribution, the idea is to sell the final wave 'E' of the ABCDE correctional wave which is also Markdown
This two boxes resemble price distribution on different key levels, pay attention to price markdown following distribution in the first box.
Also major ABCDE wave is in play, D = Price Distribution, the idea is to sell the final wave 'E' of the ABCDE correctional wave which is also Markdown
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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.