PESTECH VCP SETUP
PESTECH shown VCP setup with below contraction:
C1: -38%
C2: -9%
C3: -8%
First entry point occur on 27 Sepp when it breakout the low cheat area. After that price experience a natural reaction with low volume.
Awaiting tennis ball effect to take place. Will the price breakout the 3rd contraction? Let's see.
Disclaimer:
Not a buy call recommendation, sharing based on my personal experience in technical analysis and chart pattern. Trade at your own risk.
C1: -38%
C2: -9%
C3: -8%
First entry point occur on 27 Sepp when it breakout the low cheat area. After that price experience a natural reaction with low volume.
Awaiting tennis ball effect to take place. Will the price breakout the 3rd contraction? Let's see.
Disclaimer:
Not a buy call recommendation, sharing based on my personal experience in technical analysis and chart pattern. Trade at your own risk.
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.