Nothing special, just fib pasta along with an idea about a potential local bottom if the one labeled iv does not hold, and corresponding fib extension (Blue) in that scenario.
There is clear resistance in the 22.4-22.5 range, just under the (orange) 0.618 fib line. This would be the first major resistance i'd like for VET to break before trying to retest the all time high if iv (~$0.185) holds.
There is clear resistance in the 22.4-22.5 range, just under the (orange) 0.618 fib line. This would be the first major resistance i'd like for VET to break before trying to retest the all time high if iv (~$0.185) holds.
Note
original support iv has held, now we need to break resistance at around ~.225Note
Looks like a triple top, unless it recovers quickly, we're set to go back to the mid .18 and potentially break back down to .16.Note
VET recovered and broke out of .22 resistance
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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.