This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can see multiple distribution ranges following both schematic 1 and schematic 2 for Wyckoff's distribution.
If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
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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.