The3eyedFrog

Wychoff's Re-distribution it is!

Short
BITSTAMP:BTCUSD   Bitcoin
As I mentioned yesterday that it is a trap and don't fall for it, guess what it was.

Understanding Wyckoff distribution helps traders like me and you to cash out longs before the market reverses and get the most profits from shorting. I have to say distribution is a very specific process. In short, it is the process of distributing (selling) an asset at the best price over a time period. This is the opposite of accumulation where the market participants are looking to buy an asset at the lowest possible cost.

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