Long idea on BDRY. Swing Low held, Wyckoff

Looking at the weekly chart on BDRY we can see that we shifted bullish in 2021 and have been pulling back since, on decreasing volume. We tapped into Weekly Demand and held a Higher Low, putting in a re-accumulation schematic at the zone. Last parabolic move to new highs took around a year. Looking for new highs as long as the major swing low from 2020 is held. I am not even close to being super knowledgeable about elliot wave but on this TF, this would be wave 3 of the macro trend, so I dont see it unreasonable in any way to think we will make new highs. Good luck everyone. Hope you all had an excellent holiday weekend

Comment:

Target one was hit in the Pre Market on Dec 4th. So I have closed 25%. There we did reject off of the weekly Resistance and since then we have pulled back after tapping into that liquidity. However we seem to have put in a HL potentially and are pushing back up towards the highs. Without even looking at the volume you can see there has been a massive push in volume the last few weeks. Avg volume is up ~ 400%. Seeming more and more like accumulation for the larger move I am hoping for. I am anticipating that we at least sweep that old high around 10.70's and am still holding 75%. I have taken off all of my risk at this point and moved my stoploss above my entry. Good luck this week peeps. I am gonna start doing more of these. I keep slacking.
Take it easy