By Trend, Fib Retracement and Fib Trend base time. Chart is pretty nice and simple.
VEN might just hop arround the 0.5 line to the yellow target then go up from there. Most likely it will go to the 0.616 at the orange target before heading up hard. Basically chasing the Yellow Line (true value). So the deeper it goes the harder it'll grow.
This is a mathematic projection base on it's history, but like life, nothing is for certain. Will see if things work out Fibonacci way.
VEN might just hop arround the 0.5 line to the yellow target then go up from there. Most likely it will go to the 0.616 at the orange target before heading up hard. Basically chasing the Yellow Line (true value). So the deeper it goes the harder it'll grow.
This is a mathematic projection base on it's history, but like life, nothing is for certain. Will see if things work out Fibonacci way.
Comment:
My other analysis dealing with bull trap and Wyckoffian here... take your pick, either way don't expect it to go up so soon...
