Description
⋅ 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.