#PriceAction

Just wanted to comment on current price action and what I personally think price is doing.

Price goes from ranging to trending, accumulation to distribution and vice versa.

Simple price action delivery.

1. Previous PA
2. Current PA
3. Conclusion

1. Previous Price Action

Price trends and untapped buy side liquidity engineers.

Price enters a range which we can mark up as distribution. Rather than make new highs/lows it distributes.

MSB failure to shift new highs.
Price trends down with price re- distribution.

2. Current Price Action

Price trends up and untapped buy side liquidity is engineered.

Price continues to show strength marking higher lows. Price has not entered a range into significant resistance and no signs of market structure breaks or distribution for period of time.

3. Conclusion.

Price trends, price exhaustion and price reversal.

We go from trending to ranging environments.

This is not a fractal in price but rather price delivery. Rather than trying to guess every top just wait for price and time to reflect it.

Enjoy!