Distribution
Where it happens: on Resistance level
Schematic: a displayed on chart - real chart is a 4Hr tick chart
The Entry: Weis Wave with Speed Index signals warns with an Abnormal Speed Index of 17.5 and confirms the entry with a Wyckoff Up-Thrust singal WU.
more info about Wyckoff phases at: https://chartschool.stockcharts.com/table-of-contents/market-analysis/wyckoff-analysis-articles/the-wyckoff-method-a-tutorial
Enjoy!
Comments