Long
VEN
Updated
The price of VEN is forming a rising wedge. This can be a bearish or continuation pattern.
Stochastic is very high and the price should come back to the buy range.
Trend isn't very strong on the ADX and DI+ has began to turn inward. Further confirming a slight drop in price to the buy range.
The Fibonacci on the left is based on short range highs and lows.
Whereas the Fibonacci on the right are based on ATH and ATL in 2018.
Stochastic is very high and the price should come back to the buy range.
Trend isn't very strong on the ADX and DI+ has began to turn inward. Further confirming a slight drop in price to the buy range.
The Fibonacci on the left is based on short range highs and lows.
Whereas the Fibonacci on the right are based on ATH and ATL in 2018.
Note
T1 - HitT2 - Hit
Note
T3 - Hit
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