NEXT STAGES:
1. Sign of Weakness @ 11100, range low support
2. Upthrust After Distribution @ 11900, H&S distribution resistance. Also parallel ascending channel TL resistance
3. Distribution, LPS, and Major Sign of Weakness at key S/R of 10750
Textbook Wyckoff Distribution so far. Check out this link to a schematic:
google.com/search?q=wyckoff+distribution&tbm=isch&source=iu&ictx=1&fir=546YKOr6hXARLM%2CrUb6T4bfVB6EyM%2C_&vet=1&usg=AI4_-kSGdW036KhLj1R-in6BX-ykjT_S2Q&sa=X&ved=2ahUKEwjY0uaDj8LsAhVKCM0KHYXYB-YQ9QF6BAgKEFY&biw=1440&bih=792
Chart would form a broadening wedge as it evolves and the HTF RSI bearish divergence on the 12H/D would get to play out in time.
1. Sign of Weakness @ 11100, range low support
2. Upthrust After Distribution @ 11900, H&S distribution resistance. Also parallel ascending channel TL resistance
3. Distribution, LPS, and Major Sign of Weakness at key S/R of 10750
Textbook Wyckoff Distribution so far. Check out this link to a schematic:
google.com/search?q=wyckoff+distribution&tbm=isch&source=iu&ictx=1&fir=546YKOr6hXARLM%2CrUb6T4bfVB6EyM%2C_&vet=1&usg=AI4_-kSGdW036KhLj1R-in6BX-ykjT_S2Q&sa=X&ved=2ahUKEwjY0uaDj8LsAhVKCM0KHYXYB-YQ9QF6BAgKEFY&biw=1440&bih=792
Chart would form a broadening wedge as it evolves and the HTF RSI bearish divergence on the 12H/D would get to play out in time.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.