The VELO chart has completed a retest after a classic Bearish Rising Wedge breakout.
It's currently heading directly towards the demand zone.
A strong reaction from here could lead to a return to the wedge; otherwise, a major decline could open the door.
It's currently heading directly towards the demand zone.
A strong reaction from here could lead to a return to the wedge; otherwise, a major decline could open the door.
Trade aktif
VELO demand zone reaction | critical moment 🔃Velo perfectly reacted from the demand zone after the Rising Wedge breakdown retest.
As long as this reaction holds, a revisit to the wedge area remains likely.
However, losing momentum here could still trigger the larger decline scenario once again.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.