Accumulation and liquidity grab -SBRABeen trying to learn wyckoff method and pulled up what I thought was a good working example, please feel free to critique.
After about three weeks of accumulation, a low volume candle breaks out of the range, takes out some short stoplosses, before distributing/offloading the shares on low volume. It isnt until the longs get their stop losses taken that volume picks back up and it re-enters the range with force.
Now it is putting pressure on the bottom of the range aggressively.
My Question is, was that a spring and the move should continue downwards?
or was that just a quick liquidity grab and the large institution that is to blame for the big move has no further intentions of offloading shares?
