Judgment Challenge: Right-Edge Tightness vs. Contraction Sequence Quality

Price has reclaimed its key moving averages (MA50 at 1.740, MA150 at 1.867, MA200 at 1.769) to reach 2.170, with recent daily bars at the right edge showing tight price action and diminishing volume. Inspecting the prior consolidation structure from the 2.640 high reveals two major pullback waves: a first decline to ~1.830 and a second decline from ~2.294 to 1.530. How should this setup be evaluated regarding VCP pattern quality?