TradingView
weev
Aug 1, 2018 8:18 AM

VET - Bullish Divergence (Elliott Wave) Long

VeChain / BitcoinBinance

Description

Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target.

Entry - 263-279 Sat.
Target (short term) - 288-299
Target #1 - 353
Target #2 - 411
STOP - 248

Trade closed: stop reached

Comments
Peponcio
lol
MaaporM
TradingSafely
any updates?
IndigoGogo2
Since when the 4th E.W can go under the 1 .and the ,since when wave C can go deeper than 1.618 of AB ? Your idea is compketly wrong
CPINO
i AGRRE YOU THKS
beatleg
Thanks man, it makes sense. I really think VET has a great potential.
More