AMC wyckoff distribution schematic + Elliot wave count
Based on theory this should happen, now i do not a crystal ball but i can predict that St1 or St2 would happen after automatic response (AR) from price reaching buying climax (BC). This BC would be indicative of a spike in on volume.
But there on forth, this distribution is only part of the phase of the broader accumulation, which is reaching near SOS period within the distribution schematic.
But there on forth, this distribution is only part of the phase of the broader accumulation, which is reaching near SOS period within the distribution schematic.
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not financial advice
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.