VUL has broken out of descending wedge and has also broken out of a channel going back to mid 2023 with bullish RSI divergence. It is now retesting strong support of the channel trend and previous swing high if it can make a higher low here we will be off to the races 🚀 Good luck 🍀
VUL price looking to test a key resistance. Will it pullback to key support around 5.30 or continue in an ascending channel?
ENTRY: 6.98 SL: 5.80 TP1: 7.85 TP2: 9.63 - ADX<25. Would like to be higher. - RSI>65. - RS and FFI +ve - Daily MACD +ve. - MAs aligned with 10MA crossing 40MA today - Breakout with good volume on 14 Apr 2021