VMC pullback into support level offers long entry into uptrend
1) MACD is at a level which corresponds with 2 previous lows made (marked by the horizontal blue lines)
2) Uptrending trendline support is validated with 4 points having respected it.
3) Horizontal structure support also has the potential to be validated here (the previous higher high).
4) Series of higher highs and higher lows means VMC should only be traded with a long bias.
5) The volume of the pullback has largely been below the 20 day moving average and therefore should be faded
As always DYOR
2) Uptrending trendline support is validated with 4 points having respected it.
3) Horizontal structure support also has the potential to be validated here (the previous higher high).
4) Series of higher highs and higher lows means VMC should only be traded with a long bias.
5) The volume of the pullback has largely been below the 20 day moving average and therefore should be faded
As always DYOR
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。