Wyckoff trading method, page-2044

  1. 681 Posts.
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    Hey guys, my first chart contribution. Would love some feedback if anyone has any.

    BWP - Bunning Warehouse property trust, owns the buildings that the Bunnings are in. A-Reit sector heating up a bit recently likely due to the Amazon thematic (they will need to source substantial warehouse space).

    I think i have prob missed the best RRR on a trade here but really liked the chart and could easily spot some key areas on it so thought id mark it up for education purposes at the very least.

    20170618 BWP D.PNG 20170618 BWP D detailed.PNG
    Disregard the last candle. I dont know why Iress does that on the weekend.
    Note - interestingly on Friday 1m went through in the auction which closed it at $3.20 and it had traded above that all day.

    20170618 BWP 30m.PNG
 
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