Wyckoff Anallysis.
Left hand side of chart shows previous distribution range that we have been marking down from.
Chart is self explanatory. Forgot to add that there is a localised volume spike at the change of character giving a further confluence of something different now happening, ie, new consolidation range forming.
Left hand side of chart shows previous distribution range that we have been marking down from.
Chart is self explanatory. Forgot to add that there is a localised volume spike at the change of character giving a further confluence of something different now happening, ie, new consolidation range forming.
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Further freaky crystal ball-esque confluence:
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Happening just as predicted:
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Looks like a fairly large range compared the one it marked down from.
uk.tradingview.com/chart/7fHyt8lz/
uk.tradingview.com/chart/7fHyt8lz/
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Bad link above.