ITMAX SYSTEM BERHAD
Long
Updated

ITMAX CONT MARK UP

199
This is an Atypical Re-Accumulation pattern

1/ Price lingering around Buec Area
2/ Vol :
-Demand going In
-Supply Evaporating
3/ Bascially fulfilling all Wyckoff Buying Criteria

Thus, with the assumption that the price going to Break-Out Buec Area,
Position initiated as attached

Pure Wyckoff, Absolute

**This is a Classic Wyckoff Plotting, Especialy with Creek, which was introduced whom considered as a legend among true wyckoffian, Bob Evan
***Probably the price will reach @ 3.17 before ChoCh (Change Of Character) taking place [ 3rd Wyckoff Law]
Trade closed: stop reached
profit booked @ 3.17

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.