Russel Wyckoff distribution phase D

IWM looks like it is about spend the next week or so completing Phase D of Wyckoff distribution, a test of the resistance overhead seems likely followed by a subsequent fall off into Phase E downtrend, the gap down to 163 seems like a likely PT by all metrics, including Fib .786 retrace between what I would consider the last 2 major pivots.
Chart PatternscrashingmarketmarketshortTrend Analysiswyckoff

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