Testing PICORP1. Waiting for BO from point B
2. VPVR show highest volume traded at 0.20 sen in Daily TF
PICORP trade ideas
PICORP: Anytime soonPICORP: for penny lovers
Resistance (R) : 0.19
Support (S) : 0.17
Entry Price (EP) : 0.185 With strong buy of 5 Market Depth (5MD)
Target Price (TP) : 0.2
Stop Loss (SL) : 0.155
Strong SupportWe can see the price rebound a few times when hit 0.15
Monitor if it can continue to move upwards & break the resistance.
Disclaimer: For educational purposes only
Cup and handle patternPicorp telah membuat 2 kali wave cup and handle pada support 0.175
Bekemungkinan wave ke 3 support baru pada 0.195 sebelum membuat kenaikan ke paras resistance 0.23
PICORP BODTL TRIGGEREDPicorp triggered from technique BODTL confirmation + Fibo extension + TL
My Prediction is good for time entry area pullback Trendline
Symmetrical Triangle on PICORPPICORP shows some sort like a symmetrical triangle or maybe a pennant or falling wedge chart pattern, depends on what timeframe you use. Volumes were rising during rally and diminishing/exhausting during dips shows re-accumulation activity occurs during this pattern formation. Expected the price will squeeze into the triangle formation with overall volume falling since the first day of break out before continue to break the pattern and start with the next rally.
