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Range-bound price action with AMD schematic shows distribution and bearish market structure break.

From How to Spot a Liquidity Trap (Before You Lose Money) · jumps to 9:23 · speech

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If price is range bound and it's chopping around in the range, taking out both sides of price, and then it takes out the low and then aggressively reclaims, that might be a sign that you just saw AMD and price is ready to distribute higher. And there's a target here, external range liquidity. The distribution schematic is no different, right? There's set of range low and a range high, price is taking out both sides within here. It's distributing, it's annihilating buyers and sellers. We have a little uptrend here. We take out the external range liquidity. We gap. back into the range, that's your manipulation, and then ultimately you have a distribution down, bearish market structure break.
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