SCNWOLF developing VCP with below contraction.
C1: -36%
C2: -9%
C3: -5%
During C2 and C3 contraction, volume observed contract as well. The price and volume interaction is good.
Let's see if will pull back another round and form a C4 or it will direct surge up. Prefer to pull back another round for more solid base take off.
Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.
C1: -36%
C2: -9%
C3: -5%
During C2 and C3 contraction, volume observed contract as well. The price and volume interaction is good.
Let's see if will pull back another round and form a C4 or it will direct surge up. Prefer to pull back another round for more solid base take off.
Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.