Wyckoff trading method, page-1834

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    Yes, I agree

    However, as charting is all about probabilities, I would say that that price May make an Attempt to accelerate higher, rather than a more definite statement (but that is just me....).
    Personally, with potential strength now in the background, I consider the up thrusty bar as possible absorption, and a flip out of any shorter term traders. Then the other two bars as a form of consolidation, and yes, the volume was not particularly low today, so it is probably an even money bet as to whether price tests for a second time, or makes another attempt to push higher.
    Either way, overall price still looks more strong than weak to my eye.........

    Cheers
 
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