Vechain has completed the higher timeframe ABC correction and now we simply need to look for bullish corrections to enter.
We currently have a really nice bull flag with a solid trendline which we can monitor for a break. It's possible that we may revisit the double bottom before moving up so just bare that in mind and have it marked out on your charts incase we do get that scenario.
Trade Idea:
- Enter on breakout of corrective bullflag (red trendline)
- Stops below the correction
- Targets: 0.17, 0.28, 0.35, 0.45
Let us know your thoughts below.
Goodluck and trade safe!
We currently have a really nice bull flag with a solid trendline which we can monitor for a break. It's possible that we may revisit the double bottom before moving up so just bare that in mind and have it marked out on your charts incase we do get that scenario.
Trade Idea:
- Enter on breakout of corrective bullflag (red trendline)
- Stops below the correction
- Targets: 0.17, 0.28, 0.35, 0.45
Let us know your thoughts below.
Goodluck and trade safe!
Want more chart ups like this? Click the links below:
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.