What is Wyckoff Distribution Cycle?
An accumulation cycle is typically followed by what is known as Wyckoff Distribution.
Wyckoff Distribution Schematic -
After the dominant traders have increased their position during the Wyckoff Accumulation cycle, they will sell off their positions when the asset’s price is high. The Wyckoff Distribution cycle will happen...
Accumulation Phase
Selling Climax (SC) -
Selling Climax is a pattern in Accumulation phase characterized by a sharp selloff. It takes place before the Preliminary Support or PS. It indicates that selling pressure has reached a stage in which panic selling by the public will be absorbed by Big Institutional players or Smart money traders.
Automatic Rally (AR)...
