NC has been selling for couple of months then starting from may it has been in a range which in the eyes of a Wyckoffian was the transfer of power from weak hands to strong hands , simply it was a start of a change in trend.... bulls are starting to take over.
After SOS we expect the bulls to carry on with the bull trend but the bears kicked in due to the liquidity left behind and the imbalance/ fair value gap... so they went to retest the OB at the remours of new buyers who took trades at the sos
After SOS we expect the bulls to carry on with the bull trend but the bears kicked in due to the liquidity left behind and the imbalance/ fair value gap... so they went to retest the OB at the remours of new buyers who took trades at the sos