📊 Weekly Time Frame Observations (left panel)
- It displays a visible pattern contraction structure, specifically a Volatility Contraction Pattern (VCP), formed over multiple months
- An orange trendline marking the descending resistance, and a green line depicting the rising support, which together highlight the range contraction of price
- Volume spikes coincide with specific price responses at these zones, denoting heightened activity during volatility periods within the VCP
📈 Daily Time Frame Observations (right panel)
- Presents a more compressed Volatility Contraction Pattern (VCP), mirroring the broader weekly setup but over a shorter time span.
- Below the blue 200-day exponential moving average
❗ Disclaimer: The above post is strictly observational and does not constitute any trading advice or predictions regarding breakout or price direction.
- It displays a visible pattern contraction structure, specifically a Volatility Contraction Pattern (VCP), formed over multiple months
- An orange trendline marking the descending resistance, and a green line depicting the rising support, which together highlight the range contraction of price
- Volume spikes coincide with specific price responses at these zones, denoting heightened activity during volatility periods within the VCP
📈 Daily Time Frame Observations (right panel)
- Presents a more compressed Volatility Contraction Pattern (VCP), mirroring the broader weekly setup but over a shorter time span.
- Below the blue 200-day exponential moving average
❗ Disclaimer: The above post is strictly observational and does not constitute any trading advice or predictions regarding breakout or price direction.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
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.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
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.