jojofang0901

VODAFONE Look for price to breakout from this structure

Long
NASDAQ:VOD   VODAFONE GROUP
Hi traders:

Looking at VOD for the next buy move.

We see the price action had a strong bullish impulse up from the previous continuation structure, and begin to form this larger triangle pattern .

Price has been consolidating for sometimes, and this is good indication for the price to have the momentum to have the next impulse up.

Currently this structure is still developing, so I would wait for confirmation of a breakout, then lower time frame correction to enter.

Thank you
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