V is in its correction stage. Bearish Engulfing Pattern on weekly chart.
Uptrend is still intact.
I am going to see the markets react with a demand zone at about 115 (around 23.6% Fibonacci) to next week and waiting for price action before going long.
I am a long-term investor. So, I will place a Stop Loss below 106 (38.2% Fibonacci)
Uptrend is still intact.
I am going to see the markets react with a demand zone at about 115 (around 23.6% Fibonacci) to next week and waiting for price action before going long.
I am a long-term investor. So, I will place a Stop Loss below 106 (38.2% Fibonacci)
Trade active
Visa V had nice reaction with demand zone as my anticipation. For those of you who believe in my prediction. I think you had it at reasonable price.
Note
We almost get back to all time high again. V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.