Text Book Perfect Wyckoff Analysis With OVH.ASX

Despite being in the bottom draw, OVH prompted me to ADD to my existing open long position. Why ? The way and which the pattern is unfolding is textbook perfect. JUMP ACCROSS THE CREEK followed by PULLBACK/FLYBACK to THE CREEK and look at the PIVOT OFF the CREEK !

If  the pattern failed, I would not be regretful in any shape or form that I did add to my existing open  long position where the analysis view is medium termish. If my profit target is reached as per PnF chart count (not shown) I will take profits on the whole position or if my trailing stop is hit, I will exit at a loss or gain.

I will also print and re-study this chart later on.

Disclosure : OVH held.

ovhdaily12012018

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