Salaam
Good day
VET makes a descending channel that is also considered a bull flag or reversal sign.
now VET broke the rising wedge that coincidence to the channel resistance and returned.
I focus on the 0.05 area which is a long-term's key level and target of the rising wedge.
Do your analysis first before entering any trade.
You should have enough confidence to hold a trade open!
Good luck!
Good day
VET makes a descending channel that is also considered a bull flag or reversal sign.
now VET broke the rising wedge that coincidence to the channel resistance and returned.
I focus on the 0.05 area which is a long-term's key level and target of the rising wedge.
Do your analysis first before entering any trade.
You should have enough confidence to hold a trade open!
Good luck!
Note
If you didn't enter, wait for closing a 1h candle above the channel.It may be turn to false break that is possible in my opinion.
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.
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.