Wyckoff Distribution Schematic - Test

4 ביולי 2023

After studying the Wyckoff scheme, I want to test my analysis whether it is effective or not.

6 ביולי 2023

הערה

As the price broke the primary resistance line, this Wyckoff distribution pattern is no longer valid.

7 ביולי 2023

הערה

I don't know what will happen next.
But it seems like the break out is False break out.
And also the price is coming down to test the Support Line and may be going lower for a while before pumping.