After a strong move higher, Velvet may be approaching a profit-taking zone.
🔹 Momentum appears to be slowing
🔹 Traders could start locking in gains
🔹 A healthy correction wouldn’t be surprising
Watch price action closely.
🔹 Momentum appears to be slowing
🔹 Traders could start locking in gains
🔹 A healthy correction wouldn’t be surprising
Watch price action closely.
Note
tps, 1.17, 0.98,0.85Trade active
Note
tp1 hitTrade closed: target reached
tp1 hit
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.
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.