DislikedObservation on NFP day for S&D Traders. The candle at the green arrow is an “engulfing candle” or “outside bar”. Notice how it completely engulfs the previous candle. If we were to combine the two candles, we would get a similar concept, i.e. downward movement, followed by a significant shift upward. The final bear push just before NFP, perhaps representing some profit taking, after which the downtrend..emphasis addedIgnored
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect
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