A typical Rising Bottom (Re-Accmulation Schematic #2)
Despite huge supply on 6th & 14th February, price still trending Up (Red Arrow)
In terms of price action, nothing to be pointing as it is very obvious to Wyckoffian
So, Based on presumption of BUEC :
Tried to get in around 1.63-1.64 , failed
Bursa Malaysia has been experiencing a very tough environment past few months,
With Foreign Inst became Net Sellers (Consecutively)
Ep with SL as attached, Tight Risk
Pure Wyckoff
Despite huge supply on 6th & 14th February, price still trending Up (Red Arrow)
In terms of price action, nothing to be pointing as it is very obvious to Wyckoffian
So, Based on presumption of BUEC :
Tried to get in around 1.63-1.64 , failed
Bursa Malaysia has been experiencing a very tough environment past few months,
With Foreign Inst became Net Sellers (Consecutively)
Ep with SL as attached, Tight Risk
Pure Wyckoff
Trade chiuso: stop raggiunto
cut loss as planned
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.