Sarosij Ghosh
Sarosij Ghosh

@sarosijghosh

3 Tweets 26 reads Jun 02, 2022
π—ͺπ—˜π—˜π—žπ—Ÿπ—¬ π—œπ—‘π—¦π—œπ——π—˜ 𝗕𝗔π—₯
The Weekly Inside Bar (WIB) setup is probably the best method for someone who wants to start taking small SL trades (i.e. ≀4%).
If you take a trade where your stop is ≀4% and you risk 1% of your capital, you can put in 25% of your capital.
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WIB is a simple VCP pattern where both price and volumes are contracting. Yes, the WIB is a VCP!
VCP is not a pattern but a characteristic where both price and volume contract and you trade a breakout from that price contraction.
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#π— π—˜π—§π—₯𝗒𝗕π—₯𝗔𝗑𝗗 (2 Weekly IB)
🧿A young IPO stock forming a base.
🧿Price has contracted along with a fall in volumes.
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