There is a bullish trend in Verge now, which was slowed down by the resistance. The most probable scenario is flip on the current support level and then the following uptrend. Conservative traders should enter beyond the specified entry-level, exit at the specified profit target and use a small stop-loss for covering the position.
Comment:
If you like this idea and want me to do more similar analysis, please give this chart thumbs up. Thank you.
Comment:
You can also follow my account for future analysis.
Trade closed: target reached:
The profit target was hit.
Comment:
Aggressive traders may hold up to 1900.
Martin Kysela
