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ScottMelker
Apr 28, 2018 3:12 PM

VEN Breaking out of 4 hour cloud and testing key resistance 

Description

VEN is testing a major fib level and horizontal resistance, poised for a breakout. It tested ascending support successfully, and is well into the 12 hour and daily cloud. A strong push up here should first target the 0.00045 area (where there is clear horizontal resistance), and after that the next key fib levels in the 0.000509 area.
Comments
johntradingwick
I see a cup and Handle formation on 1 day Chart. Have a look here:

EmmaGraceAlex
This is awesome. Thanks. Emma
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