BINTAI VCP - Next Solution?
BINTAI is constructing VCP that is similar to Solution VCP that i shared earlier (link below).
C1: ~33%
C2: ~23%
C3: ~9%
Current construction around 58 days. There might be a C4 that is less than 9%.
Need volume to kick in and break 0.770! Need more vaccine good news booster!
QR is coming soon, should be still a bad QR. I believe market not really care, as long as it is Vaccine related.
Support 0.670, ~6.5% risk.
Let's see.
Disclaimer: Not buy call, just sharing VCP method that i found useful for trend trading.
C1: ~33%
C2: ~23%
C3: ~9%
Current construction around 58 days. There might be a C4 that is less than 9%.
Need volume to kick in and break 0.770! Need more vaccine good news booster!
QR is coming soon, should be still a bad QR. I believe market not really care, as long as it is Vaccine related.
Support 0.670, ~6.5% risk.
Let's see.
Disclaimer: Not buy call, just sharing VCP method that i found useful for trend trading.
Note
Bintai breakout! Sold half position at 0.830. 20% gain. Risk to reward ratio 1:3
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.