Vechain has completed the higher timeframe ABC correction and now we simply need to look for bullish corrections to enter.
We currently have a really nice bull flag with a solid trendline which we can monitor for a break. It's possible that we may revisit the double bottom before moving up so just bare that in mind and have it marked out on your charts incase we do get that scenario.
Trade Idea:
- Enter on breakout of corrective bullflag (red trendline)
- Stops below the correction
- Targets: 0.17, 0.28, 0.35, 0.45
Let us know your thoughts below.
Goodluck and trade safe!
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