Wyckoff Anallysis.
Left hand side of chart shows previous distribution range that we have been marking down from.
Chart is self explanatory. Forgot to add that there is a localised volume spike at the change of character giving a further confluence of something different now happening, ie, new consolidation range forming.
Left hand side of chart shows previous distribution range that we have been marking down from.
Chart is self explanatory. Forgot to add that there is a localised volume spike at the change of character giving a further confluence of something different now happening, ie, new consolidation range forming.
Note
Looks like a fairly large range compared the one it marked down from.uk.tradingview.com/chart/7fHyt8lz/
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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.