Credicorp Ltd.Viés de baixa
$BAP Potential Short
Is BAP making a H&S's top, rounding top, bear flag? We just made a lower low and we are currently grinding up slowly. If we break the $200 support area we could see falling prices.
It is looking weak but that doesn't mean institutions aren't going to support the price. Not a clear entry with mixed signals on multiple timeframes and indicators.
With a proper entry and risk to reward ratio, this could give a good setup on multiple timeframes. Worth the risk?
BAP making a H&S's top, rounding top, bear flag? We just made a lower low and we are currently grinding up slowly. If we break the $200 support area we could see falling prices. It is looking weak but that doesn't mean institutions aren't going to support the price. Not a clear entry with mixed signals on multiple timeframes and indicators.
With a proper entry and risk to reward ratio, this could give a good setup on multiple timeframes. Worth the risk?
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