As per pure wyckoff POV,
downslopping TR is showing Accumulation Type #2 (Rising Bottom)
As vol drying up, Demand starts to pick up
Position intiated based on Assumption that Current Bar is impending BO BUec,
supported by evidence of Sbar
PureWyckoff
Trade closed: stop reached
cut loss @ 0.565
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.