break out trade
stage 1
price action at 50dma
price action around 10wma, shake out near 10wma
again getting interesting
contraction in volatility near 10wma
price action on 10wma
continuation pattern
support and resistance around 50dma
consolidation above 50dma
shakeout on 10 wma and a tight flat base
shake out on 10 weekly moving average
as simple as it gets
Ideal VCP which I trade
support and resistance