Wyckoff Distribution Patterns - GBPUSD
298 and 170 - decreasing volume at the tops of the chart. After the peak marked with the volume of 170, the next peaks are with much less buyer activity. In summary, buyers have lost their power.
In addition, the chart shows the largest sell-off wave 233. This is the largest volume under the swing since we entered the sideways consolidation.
Indicators used: Wyckoff Wave Chart
What do you think about this chart?
Follow us for updates!
In addition, the chart shows the largest sell-off wave 233. This is the largest volume under the swing since we entered the sideways consolidation.
Indicators used: Wyckoff Wave Chart
What do you think about this chart?
Follow us for updates!
👉👉 Get Free US Stock Market PTA Signals
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
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.