Charles Drummond – P&L Accumulation Distribution

Charles Drummond – P&L Accumulation Distribution

Distribution relates to how resistance performs.

Accumulation relates to how support performs.

You will be finding the following, with the envelope concept: Prices will move from bottom of the envelope to the top of the envelope. If prices are going to exit the envelope, the pldot will push it. Once outside the envelope, prices will stay outside until opposing energy will force it inside, and we observe this energy by knowing what patterns do the job. It is consistent, and reliable.

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