VET is now testing very important resistance. I am expecting parabolic move towards upside once this resistance turn into support.
Now how to play this out. Wait for the price to breakout and daily candle close above the current red zone, then you can enter the trade or more passively you can wait for the retest after the breakout as explained in the chart. Above resistances are mentioned in the chart so trade accordingly.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading!
Now how to play this out. Wait for the price to breakout and daily candle close above the current red zone, then you can enter the trade or more passively you can wait for the retest after the breakout as explained in the chart. Above resistances are mentioned in the chart so trade accordingly.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading!
