We are on the Monthly Weekly and Daily Timframes, which means that we could expect a break to the upside in the coming days.
However, we should always be ready to Respond to the market once we have our Confirmations for a Valid Entry.
It will be my pleasure to explain.
Accumulation is when price has no direction (indecision)
what usually happens in this phase is Orders are being Accessed and The market is Accumulating Liquidity.
Distribution is the movement of the market towards a bullish or bearish direction after an accumulation.
If the Bulls are in the market, we get a bullish distribution.
If Bears are in the market, we get a bearish Distribution.