SCNWOLF VCP SETUP
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.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.