VRA - Buy zone!
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!Note
Similar to QTUM and SXP. I started preparing for target 2
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.