This is a very big Re-Accumulation Pattern
But seems like more towards An Atypical Type of Re-accumulation
#2 Schematic, The Rising bottom
Vol has been evaporating, which probably supply been succesfully absorbed (Red Arrow)
What attract me the most, is that , despite Huge demand on 13/11/24 (blue arrow),
there were not much selling pressure
Current price action might be a sign of LPS,
Thus breakout of LPS probably an indication of Continuation of SOS (Sign Of Strength)
KGB might be one of the Leader in Tech Sector/Semiconductor-Related
Thus, position initiated today
\ Tight SL
Pure Wyckoff
But seems like more towards An Atypical Type of Re-accumulation
#2 Schematic, The Rising bottom
Vol has been evaporating, which probably supply been succesfully absorbed (Red Arrow)
What attract me the most, is that , despite Huge demand on 13/11/24 (blue arrow),
there were not much selling pressure
Current price action might be a sign of LPS,
Thus breakout of LPS probably an indication of Continuation of SOS (Sign Of Strength)
KGB might be one of the Leader in Tech Sector/Semiconductor-Related
Thus, position initiated today
\ Tight SL
Pure Wyckoff
Trade closed: stop reached
Cut loss today
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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.