Long
xvgusd Verge long at 0.071
Verge is coming out of a rounded bottom .
The retracement after news has been steep but for the last few days this uptrending slope has held
Stop 0.069
Profit target can be at the top of the slope or edge of the ellipse. I will look for a target with an Andrews pitchfork . See below
I would expect a bounce at 0.100
The retracement after news has been steep but for the last few days this uptrending slope has held
Stop 0.069
Profit target can be at the top of the slope or edge of the ellipse. I will look for a target with an Andrews pitchfork . See below
I would expect a bounce at 0.100
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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.