dooday123
Long

VEN, pending breakout of key apex

BINANCE:VENETH   None
I think that VEN is currently correcting and squeezing into a key apex which it will break out of. The first impulse wave up appears to be already completed and following a 1-1 extension VEN has the potential for a 40% gain. The blue box represents an early accumulation zone at the 618 fib retracement level, however I would suggest buying in on confirmation of an uptrend following the breakout of the key apex, placing your stop loss below the apex. VEN has already bounced of the 0.5 fib region for its whole wave retracement so I do believe the market sentiment to be overall bullish for VEN .

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out