Vietnamese #Dong: Awaiting the #RV Now is the time!

By GlobalTrader_
Now is the time to start dollar cost averaging the VND. If you don't know already the Dong is one of the 1st to get revaluation of all the currencies.

If you do not know already what is maybe about to take place watch these:

youtube.com/watch?v=yLOZbiEq9SY

youtube.com/watch?v=thJANxkVE9A

So lets get into it pretty simply really.

1. 2 Weeks ago the price created a support line and has found a base.
2. The bottom finder indicating bottom levels not seen since 2014
3. The Stochastic RSI been oversold for a few weeks now
4. The price is out in the bottom of the Linear Regression

Todays level are not the lowest price so therefore dollar cost averaging here is the best bet and buy the dip mentality here works the best.

This is based on my opinion on how I read the charts

Beyond Technical AnalysisdongTechnical IndicatorsTrend AnalysisVND

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