VNA.DE - D1
Our expectations: Upward trend and price after correction to key area of support. Probable Lon after the formation of an appropriate Price Action in the support area. SL: 40.00 to avoid Stop Hunting,
Alternative Scenario: If the price goes below the support zone, the positive scenario will be spoiled and more likely to see a decline.
Comment: Price in ascending trend. After activating the triangular formation in the upward direction, we observe a corrective impulse that reaches the upper diagonal of the triangle, already supported. Supporting the larch is also the internal horizon combined with 38.2% correction of the last upward wave. It is possible to see a deeper penetration of the price in the support area and the 200-year test as we have an internal upslope breakthrough, the price under the 50s and the combination of CCI14/50 still does not indicate a twist .
We are waiting for a better price for entry and an appropriate Price Action, after which we can position ourselves with long positions.
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