Looking at the recent movements of SCBTC, several major supportlevels has been formed in the recent rise. SCBTC has also shown to adhere to supports and resist levels in the past.
The recent dip below 38% opens up for several harmonic patterns to form, all of which leads to a bullish movement upon completion. This coincides with consolidation before further growth. Eyes open for completion and trade with care. Stoploss goes at X impulseleg, and targets are 38-61% of XA.