yep, I mostly agree with all of that. Interesting chart just out...

yep, I mostly agree with all of that.
Interesting chart

just out of interest, if you remove the lines you have, and put a line at the highs of bar #1 (as that is where the buying initially came in).
would your commentary of the subsequent price action change at all ??
Don't worry, you didn't do anything wrong, it is just another way of considering what may have happened so far.

cheers