LUXCHEM MARKING UP
Updated
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 happen in market. Risk is no 1 priority
Pure Wyckoff
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 happen in market. Risk is no 1 priority
Pure Wyckoff
Trade active
added position @ 0.63 todayTrade closed: stop reached
Cut Loss @ 0.625waiting for another re-entry if possible in future
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