VRA HTF ANALYSIS
IDEAS
VRA has had 2 good main runs so far.
Just entering the support zone now.
Strong support area and looking for confirmation of support on the RSI
Hopefully we will see support at the
white line (50 MA) with possibly a wick down
to the 0.786 fib level where I would scale in.
Should the building H&S pattern be broken to the downside I would definitely expect a stronger revisit of the 0.786 fib and should that be lost a further test of the bull market trend line,
confluent with the bottom BB
Comments welcome here to learn :D
VRA has had 2 good main runs so far.
Just entering the support zone now.
Strong support area and looking for confirmation of support on the RSI
Hopefully we will see support at the
white line (50 MA) with possibly a wick down
to the 0.786 fib level where I would scale in.
Should the building H&S pattern be broken to the downside I would definitely expect a stronger revisit of the 0.786 fib and should that be lost a further test of the bull market trend line,
confluent with the bottom BB
Comments welcome here to learn :D
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