We have a strong green doji candle above the 60 day moving average. Looks like a golden cross ahead in the next few days.
The Chart says it all. The Bulls are in control. Classic break out with Doji confirmation. Happy trading.
It appears the bottom is in and the good news is begging to show on the chart. Time to keep close watch on this one.
As charted. We have bullish daily and weekly, resumption of trend. Macrostructure looks supportive to test upper channels.
VMS has broken out of it's trading range. Should provide new support.
Shifting sideways , looking for small consolodation perid, then break to upside. sitting on .318 fib, next logical up is to .682 fib, 2 targets before to lock in and secure money. if it falls next lower level is -.682 fb.
VMS in the Australian markets is something I am expecting to hit 0.035 AUD soon for a short target. However, I think this may actually be a decent long hold at this point. At least for a small amount of money taking in the risk, I think this may potentially have another breakout soon and more to come given the need for higher support levels in order to garnish...