closed my first long in 10x profit with 20x leverage
Wyckoff distribution Phase A. The Distribution Schematic works in the opposite way of the Accumulation. We begin with an uptrend slowing down (due to decreasing demand). The Preliminary Supply (PSY) shows that selling force is present, albeit not yet strong enough to stop the upward movement. The Buying Climax (BC) is then formed by an intense buying activity....