Yes Bank: Characteristics of Distribution !!
Price has spiked above the highs and immediately scales back into the range. Volumes higher at the spike too. Am inclined to believe that this could be a probably distribution !! Let's wait for more confirmation.
A quick selling pressure or a series of red wide ranged bars will strengthen the case for distribution.
A quick selling pressure or a series of red wide ranged bars will strengthen the case for distribution.
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