Curved Support Line and Fibs. (4hr Heiken Chart)
Updated
Nothing special, just fib pasta along with an idea about a potential local bottom if the one labeled iv does not hold, and corresponding fib extension (Blue) in that scenario.
There is clear resistance in the 22.4-22.5 range, just under the (orange) 0.618 fib line. This would be the first major resistance i'd like for VET to break before trying to retest the all time high if iv (~$0.185) holds.
There is clear resistance in the 22.4-22.5 range, just under the (orange) 0.618 fib line. This would be the first major resistance i'd like for VET to break before trying to retest the all time high if iv (~$0.185) holds.
Note
original support iv has held, now we need to break resistance at around ~.225Note
Looks like a triple top, unless it recovers quickly, we're set to go back to the mid .18 and potentially break back down to .16.Note
VET recovered and broke out of .22 resistance
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