PLS chart, page-1851

No. Not right. In commodities (gold being the exemplar) , and currencies, which are different as they're run by Market Makers (i.e. big banks, playing with billions), we say accumulation, manipulation and distribution (so you got 2 out of 3). That's it, accumulation, manipulation and distribution.

And it's not a conspiracy theory (it's a game), and it's not illegal either. It's a game, a game that can be learned (not easily), and you either play with them, or against them (in which case, be eaten alive).
The simple lesson is to trade what you see on the chart, not think, feel or believe, see what price is saying. The rest is BS.

I'm still concerned about Brexit swing low (June 24) as support, as mentioned in my first Posts of the day (there may be pit stops on the way), if 56c - a persistent critical level from April thru June - didn't hold. I've been waiting very patiently since then to enter again, which I did today (@56.5 - clearly a mistake - not patient enough on the day, too quick to pull trigger, to guarantee a fill).
Closing 1/2 penny above low of day is not confidence building.
Can only wait and see.