Dear my friends,
A few weeks ago VRA broke the downtrend. Currently, the price action is doing a retest. Current support zone 0.068 and support zone 0.051. After observing more Ichimoku clouds, my personal opinion is to combine the current support area and the previous pinbar. I will enter 70% of the orders at the current price. To prevent the price from returning to the second buying zone, I will place the remaining 30% of the order in the 0.051 price zone below.
I will close 1/2 of the order in target 1 and 1/2 of the order in target 2.
Best Regards,
A few weeks ago VRA broke the downtrend. Currently, the price action is doing a retest. Current support zone 0.068 and support zone 0.051. After observing more Ichimoku clouds, my personal opinion is to combine the current support area and the previous pinbar. I will enter 70% of the orders at the current price. To prevent the price from returning to the second buying zone, I will place the remaining 30% of the order in the 0.051 price zone below.
I will close 1/2 of the order in target 1 and 1/2 of the order in target 2.
Best Regards,
Trade active:
Target 1: done!
Comment:
Similar to QTUM and SXP. I started preparing for target 2