VET has been trading in this range since weeks, there was some upside momentum because of partnership announcements but not enough for a breakout of this box.I personally prefer these accumulation phases because it helps me get in with an accurate calculated risk, my SL is few % below the box and TP is partially set at every 20% rise.
This is my risk management method and everyone has his own way.
I will keep updating this in here, make sure you follow me to get price movement alerts!
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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.