VARAUSD Weekly Analysis

The wich off of the center B Band is developing nicely with a few days left in the weekly candle. I anticipated this pull back due to resistance from trapped longs and upper B Band psychological level. Next weeks candle will likely reverse and develop into a massive green candle, this time absorbing the remaining trapped longs at the $0.04 level. The center B Band is a target long position with next target accumulation zone around $0.045 and $0.11 depending upon BTC and USDX movements.