CAUTION! Possible distribution phase

I find ETC USD chart abnormally similar to text book distribution phase. Everything is presented on a chart. This is only my opinion, use it, or not.

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oi63.tinypic.com/2805jj4.jpg

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First target reached spot on! Bounce of 23.6% fib level and of a trend line. Be careful. Retrace can go even further.

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H&S target spot on!! Price found support on a big good trendline and 6.18% fibs level