avvi | on Nostr: Wyckoff’s schematics are primarily applied to longer timeframes due to the extended ...

Wyckoff’s schematics are primarily applied to longer timeframes due to the extended amount of time required for the distribution/accumulation processes to mature. This means distribution cannot be inferred from looking at short timeframes such as 1H-4H. I had this argument on numerous occasions with folks using this method on short timeframes, some even draw conclusions based on 15M.