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:
www.google.com/search?q=wyckoff+...
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:
www.google.com/search?q=wyckoff+...
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.