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aarki_gg
Sep 12, 2022 6:50 PM

ABB - very tight VCP Long

ABB INDIA LTDNSE

Description

Strong stage 2 uptrend
belongs to a strong sector - capital goods

very shallow pullback and tight conolidation and volumes drying up
multiple inside days in a row

forming a vcp on hourly time frame within this consolidation region

Entry : above 3400
sl: below 3250
Target : no targets, book 30% at 3:1 rr, and trail the rest on hourly pivots

Trade active

Entered at 3400

Trade closed: stop reached

sl hit
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