DislikedI mentioned the Law of Effort vs. Results a few post back because I was reading MTM and saw a nice real world example. Well, another very nice one happened here (these patterns repeat).
Before we get to the chart, I am showing this as a "first" time entry but it is suitable for a contingency plan if you wanted to use one. Contingency plans were discussed in the previous thread, but we can revisit the topic if there is any interest.
On to the chart:
A. This is a Test. Price is marked down then closes near the high of the range. The...Ignored
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Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect
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