Visa is completing a corrective compression cycle into a multi-year trendline with Fib confluence and institutional support levels. This setup tilts the probability toward a bullish breakout and trend continuation. If visa holds this support area and breaks the descending wedge there is a possibility of reaching $375 and $400. Alternative breaking this support area may open the door to $320.
Disclaimer: Not financial or trading advice.
Disclaimer: Not financial or trading advice.
Stay safe. Stay profitable.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Stay safe. Stay profitable.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.