VET - Bullish Divergence (Elliott Wave)
Updated
Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target.
Entry - 263-279 Sat.
Target (short term) - 288-299
Target #1 - 353
Target #2 - 411
STOP - 248
Entry - 263-279 Sat.
Target (short term) - 288-299
Target #1 - 353
Target #2 - 411
STOP - 248
Trade closed: stop reached
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