AFTER FOLLOWING WYCKOFF EVENTS OF DISTRIBUTION SCHEMATIC, PRICE ACTION IS DISPLAYING LAST POINT OF SUPPLY THIS INTIATES ANTICIPATION OF AN AREA OF INTERST TO WHERE PRICE WILL POSSIBLY REJECT AND FOLLOW WITH A PULLBACK TO THE UPSIDE WHILE NOT LONG AFTER PROCEEDING THROUGH A RETRACEMENT ZONE, AND CONTINUING IN BEARISH MOMENTUM
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.