This is a continuation of my prev thesis for Pekat
**Refer prev post
Since my previous position, Pekat has been always under my radar.
(This is a Stepping Stone Zone, Continuation from previous Mark Up Phase)
what caught my attention, the formation of BUEC consistenly unfolding in the background of reducing supply (red arrow)
With the formation : type #2 schematic of feather's weight (black line)
*No springboard here. difficult to see this kind of setup
although the entry point, a bit extended comparing to my average price entry, but it was still contained within the limit (not more than 2%)
Position intiated as attached
PureWyckoff
**Refer prev post
Since my previous position, Pekat has been always under my radar.
(This is a Stepping Stone Zone, Continuation from previous Mark Up Phase)
what caught my attention, the formation of BUEC consistenly unfolding in the background of reducing supply (red arrow)
With the formation : type #2 schematic of feather's weight (black line)
*No springboard here. difficult to see this kind of setup
although the entry point, a bit extended comparing to my average price entry, but it was still contained within the limit (not more than 2%)
Position intiated as attached
PureWyckoff
Trade active
Note
Half profit, booked @ 1.58, today.Trade closed: target reached
Booked all remaining profit @ 1.6
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.