This is an atypical Re-Accumulation of Schematic #2 (Rising Bottom) Latest price BO possibly indicating of JAC (Crossing the creek) as mentioned by Bob (Senior Wyckofian Scholar) Im hoping that there will be a temporary re-trace for BUEC position initiated as attached Pure Wyckoff
Since the price top on 21/3/24, it was tally with wyckoff projected price based on the 3rd Law **Refer to my previous post On 16/4/24 (Red Arrow), i noticed that the bar came with Climactic Volume this is a sign that trend will be changing With the price reaching the projected price (Conservative Projection) , price will be continuing marking up or ...
This is Typical Reaccmulation of #2 With a huge demand on Opening, Signifies true demand from CO -A very typical of Jumping across the creek (JAC) risk is still there, position initiated as attached Pure Wyckoff
This is a typical Re-accumlation Pattern of type #2 Schematic Yesterday, noticed that there was a Significant Bar (SBar) with a Huge Demand Vol -wyckofian called it as 'JAC' which is Jump across the creek as mentioned by Bob With a long Accumulation, the expected projection should be higher Thus position initated as attached As always, Anything can...
This is tesla Based on 3rd Law of Wyckoff , looks like the price has been lingering around the projected value (I use very conservative & conservative count ) ***Yellow/Orange Arrow I seldomly intiate position based 3rd Law alone , However in view of very huge Vol Demand on 29/4/24, i simply do not want to miss the possible rally afterwards Pure...
A typical Re-Accmulation Schematic #2 pattern With latest price action showing impending BO of BUEC As demand going in (Red Arrow), i iniatiated position as attached today Pure Wyckoff
This is Accumulation of Rising Bottom (#2 ) Supply drying up, Demand going in (Red Arrow) -it seems that absroption is on going -typical of Springboard in action Thus position initiated as attached Short swing Pure Wyckoff
Very atypical Re-accmulation Pattern with Spring -Type Action Supply drying up, with exception Bar & its vol on 5/4/24 Risky entry - Too early probably Position initaied as attahced Pure Wyckoff
A Stepping stone from previous Reaccumlation Position as attached Pure Wyckoff
A Typical Accmulation Schematic #2 Which currently showing Buec With a lot of demand going in, position initiated as attached Pure Wyckoff
In view of Spring Setup, i decided to go long for short term trade position initiated as attaached
Nice Gap today with huge demand -a typical JAC (Jump across the creek) position intiated as attached Absolute Pure Wyckoff
My previous hypothesis still remained valid Latest price action, from my POV is that, it is re-accmulating (Step Stone) I am attracted to the bar on 27/2/24 -this is what wyckoffian termed as CO Rotation (Changing of Hands) Position Re- initiated as attached since last i sold it -Absolute pure wyckoff-
Based on BIgger view, i am seeing a Schematic #2 of Accumulation (Rising Bottom) past few weeks, supply has been evaporating multiple stepping stones formed Thus i initiated position as attached pure wyckoff
Atypical Re-Accumlation , which suits #2 (Non- Spring Trading range) Supply drying up (Red Arrow) Positon intiated based on Local Spring @ BUEC Area, lower Time Frame (Purple Arrow) Thus position initiated as attached Pure Wyckoff
Trading range formed, im bias to Re-Accumulation And, price contracting, seems supply drying up Entry as attached Pure Wyckoff
I just added a new position today @ 2.36 My previous hypothesis still valid Please refer to my previous post regarding Dayang Pure Wyckoff
I still maintain my previous thesis, my previous entry was shaken-out I see the current price action, is on-going BUEC ( Phase D of Wyckoff Re-accmulation) thus in view of that, i humbly initiated the position as attached Pure Wyckoff