View the highlighted time range with 1 minute precision to best see the embedded whipsaw patterns that are meant to let the trader believe a drop is coming and start submitting orders. At the moment is writing a finish of the pattern was not yet confirmed. The next move could be a continuation of the pattern or a drop to next support at 112.
The number of signals that identify this area as a stop hunt is complete enough to be confirmed;
> Multiple whipsaw patterns
> Starts just above support at 112.5
> Climbs 20 pips
> Very slow price action
> price action before the start
> Long wait at end of pattern before the trend continues