RhythmT

Wyckoff Distribution round 2?

BITSTAMP:BTCUSD   Bitcoin
It looks like we are printing a Wyckoff Distribution pattern on the 4 hour timeframe. The *4HR* indicators from mid July to current day are replicating the *Daily* indicators from January to May. Also the fractal from January to May is lining up if you making it smaller to fit the 4hr time frame. Something similar like this has happened in the past if you look back at the 2018 bear market. The fractal from January 2018 to January 2019 lines up with June 2019 to December 2019 price action if you shrink it to fit. In both cases the price action repeated itself but 4x as fast. I'm sure some will say shrinking and enlarging fractals is silly but like I said this has happened before.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.