AMD Set up : Accumulation, manipulation , Distribution
So going through the basics of Market Cycle, Market moves in 3 phases in one leg of the cycle, that is AMD. on Weekly chart Price accumulated for 14 months in 2021-2022 and dropped rapidly to remove weak hands in mid of 2022 for short period. That's where the phase of manipulation where retailers think that is a breakout lower side of the range and they start making shorts. On the Contrary Market traps them in shorts and start rallying up forcing them to close their short position which actually becomes a buy order and the buyer get the strong momentum to rise the price for a upper profit level, where they distribute their Profits, called Distribution Phase.
We can see it on every time frame, Daily on many charts, we just need to practice it on screen and keep it ion our eyes all the time to trade. Good Luck
Added my old chart of April 2022 with the post when i recognized it first :)
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