This is the quiz we posted last week. What do you see here?
Trading range formed. Not an easy quiz.
Hint: note the closes, bar lengths and backgroud.
We can see selling in the background which lead to selling tails. This is part of distribution.
The lengh of the down bars are greater than the up bars, which shows that sellers are winning.
This lead to more selling and mark down.
This is our quiz for next week. What do you see here?
We'll post the solution next Saturday.
If you're not familiar with Wyckoff Terms you may want to have a look at our Glossary: http://www.ltg-trading.com/glossary-of-wyckoff-terms/
And if you have any question please let me know at email@example.com