Entry: above 425
SL: weakness below 402
Targets : 490/540
Setup Invalid : If price goes below 382
● Pattern: VCP
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Price went up around quick 80% in span of 6 days in October
● After that, price moves sideways forming Higher Low's and Lower High's
SL: weakness below 402
Targets : 490/540
Setup Invalid : If price goes below 382
● Pattern: VCP
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Price went up around quick 80% in span of 6 days in October
● After that, price moves sideways forming Higher Low's and Lower High's
Trade active:
Entry triggered on 4th December
Comment:
SL moved to 407 i.e. Low of the Breakout day
Comment:
SL moved to entry point i.e. 425
Trade closed: stop reached