This is pure speculative idea of based Wyckoff distribution events and phases I'm fairly new to markets and trading take this as grain of salt.
More information available link below:
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
More information available link below:
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
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Disclaimer
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.