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...
Setup Contains:
- Wyckoff Distribution
What is Wyckoff distribution?
The distribution is sideways and has a range-bound trading period. It usually occurs after a prolonged uptrend. This is the trading zone where big players build short positions or distribute long positions and wash out retail traders.
FOLLOW PAFX & LEARN AND EARN 💸
NSE:PEL
(FOR LEARNING PURPOSE ONLY)
1) Phase 1 (Accumulation) Completed
2) In the midst of Phase 2 (Mark up)
>> We can see expanding volume when price moves up and contracting volume when price retraces
ENTRY
BUY WHEN PRICE RETRACES BACK TO HL
TARGETS
TG1 - 1600
TG2 - 1900
