Tasco, Potential VCP formation- Good R:R Entry Long

TASCO BERHADMYX

Description

⋅ Jun 21, 2021 7:42 AM

Tasco, big sell down on last Friday and stay above support 1.07. With stoploss 1.04, looks like a good R:R entry and ride the VCP formation before breakout.

MYX:TASCO

Trend Analysis

Comments

Brandonp9750

⋅ Jun 22, 2021 2:14 PM

It looks like forming symmetrical triangle pattern not meh?

CrazeeLen

⋅ Jun 22, 2021 2:47 PM

@Brandonp9750,

Looks like it but the bottom channel only touch twice. Let's monitor.

My drawing also just predicting the VCP formation, and I think VCP formation pretty similar to triangle. Let's see how the chart goes.

Brandonp9750

⋅ Jun 23, 2021 2:27 AM

okay

CrazeeLen

⋅ Jun 23, 2021 2:21 PM

@Brandonp9750, looks like the banker heard you, today touch the bottom of the symmetrical triangle. : )

Brandonp9750

⋅ Jul 4, 2021 7:21 AM

@CrazeeLen, hehe