— Possibly the beginning of a Wyckoff Accumulation Range—Schematic #1 or #2 are my base case for now.
If the local range POC holds as the LPS (Last Point of Support), then Schematic #2 is in play. If it’s lost, the probability shifts toward a new low and a SPRING.
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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.