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SCGM BHD
Long

SCGM Pump incoming?

By mhyoung00
Updated
Price has been dumping since Aug 2020, but we can see that it has formed a falling wedge, all along the last bull run. Price is currently near to the origin of the pump and we can see that price formed a base (1.845-1.67) above the previous Significant Resistance level. On top of that, we can see some manipulation on the 2.11 price point where price seemed to have slowed down to form multiple supports and broke it today. Fib levels matched for extra confluence.
*DYOR on fundamentals.
SCGM
Trade closed: target reached
Partial TP hit.
Chart PatternspriceactionSupply and DemandSupport and Resistance
mhyoung00

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