The 5 phases of Distribution by market professionals
The 5 phases of each are explained and shown why it is so important to understand and be able to read the market structure and where to start buying the dip have a plan rather then DCA till you pocket is empty.
No one can analysis precise market bottom.
Phase A:
Sign of weakness but demand is dominant, increase volume wider spreads. (no reward to effort)
Phase B:
Secondary testing of highs, Movement in trading range, support area more prominent.
Phase C:
Upthrust more signs of weakness.
Phase D:
LH and LL, More evidence of probable direction of the market, Main support broken, Last point of supply good place to short.
Phase E:
Folding of the downtrend, any rely will be weak and AFTER THAT YOU KNOW THE DRILL.
What I see this would playout till first week or near second week of December then we'll see how it goes.
Range to Range as always.
No one can analysis precise market bottom.
Phase A:
Sign of weakness but demand is dominant, increase volume wider spreads. (no reward to effort)
Phase B:
Secondary testing of highs, Movement in trading range, support area more prominent.
Phase C:
Upthrust more signs of weakness.
Phase D:
LH and LL, More evidence of probable direction of the market, Main support broken, Last point of supply good place to short.
Phase E:
Folding of the downtrend, any rely will be weak and AFTER THAT YOU KNOW THE DRILL.
What I see this would playout till first week or near second week of December then we'll see how it goes.
Range to Range as always.
Dagangan aktif
How beautifully this played out, 2 weeks more to see how accumulations will go on!Dagangan aktif
In my opinion:US10Y, DXY, Inflation numbers and Interest rate!
We are in multi months bear market.
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.
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.