Bilgiler > Common Characteristics of the Distribution Ranges
Common Characteristics of the Distribution Ranges
The following are key characteristics of the distribution ranges:High volume and volatility during range development. Wideprice fluctuations will be observed and the volume will remainrelatively high and constant.Tests to the lower zone of the range without volume, suggestingan absence of buyer interest; except when the price is prepared toinitiate the movement out of the range.Upward Shakes to previous highs; either over the resistance areaor over minor highs within the range.Wider and more fluid movements and down bars than upmovements and up bars. This denotes entry of quality supply andsuggests that demand is of poor quality.Development of lower highs and lows. This sequence shouldalready be observed in the last stage of the range, just before thestart of the bearish jump. What it suggests is that short traders arebecoming more aggressive.
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