Hindsight is the best sight, further notes + lessons learned in play book !
Adding to position here. Analysis based on Wyckoff Accumulation Schematic #1 (Google for ref). Although we have not reclaimed and established ST in phase B as support level I like my risk definition at these levels and will happily cut the position if we see new lows, follow by complete reassessment.
Very simple analysis in line with my bullish perspective on UUUU. Bearish volume dwindling coupled with recent inflow of bullish volume strengthening my bias and analysis that this sector is ready to experience a new cycle. Will wait until .170 is breached and retested satisfactorily before assessing for long entry.