CHGP trade ideas
CHGP Weekly VCP SetupCHGP caught my attention when i study it's weekly chart. The base has been developed for 420 days.
C1: -17% (224 days)
C2: -12%
C3: -4%
The price and volume action is well developed. Let see if it will breakout the huge resistance at 0.960 or not.
Disclaimer:
Not buy call recommendation. My personal interest in technical analysis based on chart pattern and trend. Trade at your own risk.
CHGP in Harmonic PatternConsider to study and monitor CHGP where its current daily chart resembles that of a bearish bat harmonic pattern where a potential trade can be taken from fibo886 at Point C up to fibo886 extension at Point D. The chart also corresponds to a triangle formation. Potential EP, TP and CL are indicated in the trade plan.
