Understanding there is no additional contextual data and just using the information that is available, which out of the two trading ranges is which?
Which pattern is indicative of accumulation?
Which pattern is indicative of distribution?
Hint: Look at the volume activity at support and resistance. Where are the higher concentrations of supply or demand?
Training/practice**
Which pattern is indicative of accumulation?
Which pattern is indicative of distribution?
Hint: Look at the volume activity at support and resistance. Where are the higher concentrations of supply or demand?
Training/practice**