Hi Folks,
I’m a bit obsessed with Wyckoff distributions. They seem to show up continuously in many reversals and show similar to a neutral rally.
These are dangerous situation to find yourself in, because they seem so innocent, the recovery of price is extraordinary, and before you know it, you’ve got yourself a bag, and you’re holding it.
Fundamentally it’s really just the tossing between many macro and micro trend- fib channels. If you look closely at your charts, you’ll know what I mean.
This unfortunately ends badly for those who “bought the dip”. It’s the bull trap to end all bull traps.
$BTCUSD just endured this, $SPX is forming one right now!
Be careful out there guys, there’s always a sneak play that you never saw. Look up how this distribution plays out and stay ahead of the curve with this tool.
Always do your own due diligence before making any trades!
I’m a bit obsessed with Wyckoff distributions. They seem to show up continuously in many reversals and show similar to a neutral rally.
These are dangerous situation to find yourself in, because they seem so innocent, the recovery of price is extraordinary, and before you know it, you’ve got yourself a bag, and you’re holding it.
Fundamentally it’s really just the tossing between many macro and micro trend- fib channels. If you look closely at your charts, you’ll know what I mean.
This unfortunately ends badly for those who “bought the dip”. It’s the bull trap to end all bull traps.
$BTCUSD just endured this, $SPX is forming one right now!
Be careful out there guys, there’s always a sneak play that you never saw. Look up how this distribution plays out and stay ahead of the curve with this tool.
Always do your own due diligence before making any trades!