Wyckoff trading method, page-1426

Hi @Jako64

Firstly thanks for all that you contribute here. (time, knowledge etc) Wonderful!
I have a lot to learn re TA of charts, and here is one of many great ways to absorb/share info.

Below is a chart on a3d (if you have time to answer) all the notes on the chart are actually questions for you. e.g. have I noted the correct areas ?  Discl. not held

May actually refer to Elliot more than Wyckoff... (if so could this be the begining of the third wave ?)

My gut feeling is that in the coming days re the "unknown area" there will be an upthrust of distribution no more than 3 bars, with a failed attempt to either break out/test or hold above the previous high. Can it plummet through the current orange zone, was this zone distribution ?

Would more/longer sideways trend potentially generate a larger upthrust/wave, or would the fib x off the high already predetermine this level ?

From my view I can't pin point a rising wedge ?






Hope you made sense of all that.
Please take your time and look forward to your feed back.

I am off now, have two vintage ports for a taste off. (one from Aus and one from Portugal)

Cheers.