I think there is a high probability that this is a wyckoff reversal pattern and some shorts are going to get squeezed for a bit. I don't think I will get married to this trade but for now it looks like a good contender to start off the week. I have a video on the wyckoff method on my youtube channel if you have any questions. youtube.com/watch?v=Jjdxt8AGvaQ&t=1710s
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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.