Disliked{quote} Didnt turn out good... SL put below the swing low.. Let t mkt decides.. Sonic {image}Ignored
Your "bullish call" was correct. It is just that we can never know when (exactly) trends will reverse. What you refer to as "Didn't turn our good...." is likely a Spring, a significant part of the Distribution Phase in that it confirms what the MMs are up to.
Edit: I meant Accumulation Phase. The Spring is a spring down in the latter part of the Accumulation Phase, attributed to the market makers running stops on longs and triggering into the market short orders, both of which give the market makers liquidity to fill long orders for themselves.