Pekat, Currently in Marking Up Phase, in bigger picture.
**Kindly refer to my previous entry for Pekat
The Black Box, represent a Stepping Stone
**(A term in Wyckoff methode, describing a temporary point where price static 'sideway' before continuing the mark up phase)
In the background of reducing supply (green arrow),
there is on going formation of SpringBoard (purple arc line).
on top of that, formation of local spring , tally accordingly with its own, low supply vol @ 18/8/25 (purple arrow)
im well aware of the incoming QR release tomorrow / few days
With a Trigger Bar today, position initiated as attached
PureWyckoff
Trade closed: stop reached
Cut loss @ 1.57 todayNote
POSITION RE-INITIATED TODAYEP 1.63
CUT LOSS 1.54
Note
POSITION CUT LOSS 1.60 TODAYNote
POSITION RE-ENTRY 1.64CUT LOSS 1.55
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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.