Wyckoff: Distribution in Phase B

5 de out. de 2022

Currently tokyo confirmed that we are in a trading range creating the SOW in Phase B of Distribution in the 5 minute time frame. sadly I coudlnt post that chart up which shows distribution in 4K because Trading view didnt let me share anything that had a lower time frame than 15 minutes. But with these lows printed, we can only assume that it will slowly move up until london session is ready to take the liquidity that lies above. Taking out today's NY highs and making new highs which we will call the UT. This will then lead us to confirm that NY will take all the liquidity tomorrow opening and shoot it straight down for correction of the market to an imbalance zone.