RCE CAPITAL BHDLong
RCECAP; Re-accumulation.(wyckoff)
Price currently been trading in phase C with the confirmation of spring and retest with low volume.. this indicate that supply have been dry out..
With change of character (CHoCH) in phase B, gave me a Re-accumulation structure. and also indicate minor sign of strength.
Interestingly this resistance level 1.950-1.954) ;
Representing 52WH and ATL, if able to break .. potential creating a new ATH.
With STOCH indicator at oversold and %k has crossed %d this indicate a rebound might happens near future.
My collection area will be around 1.73-1.79. support 1.700 my SL.
(IDEA POSTED AS STUDY PURPOSES)
With change of character (CHoCH) in phase B, gave me a Re-accumulation structure. and also indicate minor sign of strength.
Interestingly this resistance level 1.950-1.954) ;
Representing 52WH and ATL, if able to break .. potential creating a new ATH.
With STOCH indicator at oversold and %k has crossed %d this indicate a rebound might happens near future.
My collection area will be around 1.73-1.79. support 1.700 my SL.
(IDEA POSTED AS STUDY PURPOSES)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.