We were looking in our group after that rally entered the green trading range at the fact that on this rally demand is exhausted and the whole move including the internal BOS ( break of structure) was done with diminishing demand signature. The Bias from there was a lower low and was confirmed by the supply showing up and increasing at the end of the trading range confirming the distribution at the top of the rally. Right now we are targeting the monthly vwap, the drop in supply, and LTF structure suggest accumulation for now.
We had good bias, it came in very close of the monthly vwap before closing today Friday June 24 2022
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