Daily chart analysis
VXRT after making some parabolic moves upwards back in June/July 2020, it has been in a Symmetrical Triangle pattern for well over a year now.
Price broke down from pattern in Dec. 2021, pulled back to previous support and bounced off it turning it into resistance.
With the breakdown, we also have a Death cross signaling bear market.
Will Be entering trade to short
Entry: 6.03
Stoploss: 5.50
Target: 4.00