Stock near to pivot of VCP.
Price compression along with volume dry up.
20, 50 EMA supporting the final contraction.
Target is in multiple of risk.
1/2 can be booked 1:2, remaining quantities on break of 10 or 20 EMA depending on your sell rules.
Trade at your own risk. Only for educational purpose.
Price compression along with volume dry up.
20, 50 EMA supporting the final contraction.
Target is in multiple of risk.
1/2 can be booked 1:2, remaining quantities on break of 10 or 20 EMA depending on your sell rules.
Trade at your own risk. Only for educational purpose.
Trade closed: target reached:
Booked full @2RR
Comment:
50% upmove!!!!