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nirav2311

CBA Wyckoff Distribution

COMMONWEALTH BANK OF AUSTRALIA. (ASX:CBA)  
nirav2311  
ASX:CBA   COMMONWEALTH BANK OF AUSTRALIA.
Trend Analysis
3
0
trendanalysis
This is my first publishing and purely for educational purpose. DYOR

It seems that CBA is forming Wyckoff Distribution - Phase D UTAD, coming in range with high volume and wide price range. It might take support from ICE (Green dashed line) and could continue to fall till next support zone around $90.

Lets see how it goes. Fingers crossed

Thanks.
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