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)...
BSE:DHABRIYA
the Point and figure markup target, is a provisional one, the most probable assessment can only be made when the last point of support is confirmed , until then this is the minimum target that should be achieved post reaccumualtion
disclaimer.. not invested, tracking fundamentals and looking for entry
not an investing/trading recommendation
The mssive drop we seems to be a small piece of a bigger picture ...
A successful test on the previous reacculumation formed support and a small accumulation in the seling climax region , raises the suspicion of another reaccumulation on the bigger time frame about to happen...
test=
acc in the sclx region=
Targets for the upside will be updated with...
Disclaimer... not an investing/trading recommendation
This is not a time oriented analysis, although last 2 times whales took 5 to 7 days to reaccumualte
the pathway of price action as mentioned is not a projection based on TA, rather, a mimic of the textbook wyckoff reaccumualtion schematics...
the markup target can only be calculated accurately , on completio of...
Disclaimer... this is an idea, a potential pattenr formation and the possibilities according the the criteria requiredhas been mentioned in the chart
not an investing/trading recommendation
