Merck VCP Breakout

Updated
Nice VCP with up volume clean breakout good %risk for positioning. Didn't buy as market is terrible and don't like defensive names as they are just names in which institutions are hiding. Its a bear market and I just want to keep my eye sharp on the patterns I like to buy from and be ready for when we have more favorable conditions. Let's see if it holds the stop.
Comment
Sold at break even to re risk portfolio
Trade closed manually
Cup And HandlePivot PointsVCPvcppatternVolatilityvolatilitycontraction

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