Siemens - Wyckoff schematics
Lets try something new !
It is called Distribution phase and it is comprising of
BC - buying climax
AR - Automatic Response
ST - Secondary Test
UT - Upthrust
UTAD - Upthrust after Distribution
SOW - Sign of weakness
One thing to note that Distribution phase looks like Reaccumulation phase so in such cases , trades needs to be initiated only after confirmations
From here stock can go up also.
It is called Distribution phase and it is comprising of
BC - buying climax
AR - Automatic Response
ST - Secondary Test
UT - Upthrust
UTAD - Upthrust after Distribution
SOW - Sign of weakness
One thing to note that Distribution phase looks like Reaccumulation phase so in such cases , trades needs to be initiated only after confirmations
From here stock can go up also.
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