Motilal VCP pattern on Daily - Long
Motilal OFS is making Volatility Contraction Pattern. The key elements of the VCP pattern include a prolonged consolidation phase, where the price moves within a relatively narrow range, followed by a breakout or breakdown.
We can use this pattern to identify potential entry points for trades, anticipating that a period of low volatility is likely to be followed by a surge in price movement.
Support 620
Target as per Pattern is 1030
We can use this pattern to identify potential entry points for trades, anticipating that a period of low volatility is likely to be followed by a surge in price movement.
Support 620
Target as per Pattern is 1030
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.