Distribution

21 feb 2022

if we are folowing the distribution schematic event by event then the current high marked as the spring has to be the UT or Upthrust and we'd still be waiting for the spring to form. However the schematic doesnt form perfectly every time and the addition of fundamental analysis might tell us we dont have another 2000 point buy in the cards and we are just waiting for the LPSY to form which is where my path is drawn under the liquidity zone. Obviously approaching that order block we will have a good idea as to whether or not we will see the buy before the sell, if we trade through the order block and reach for lows then its my opinion we are headed to 29'000