In this recent study for $VETUSD, we were waiting for price action to touch our TP -- and it did:
A successful movement into Wave 5 territory has been fulfilled, but has it actually completed?
Are we now entering a pullback or corrective trend?
If so, what are the levels for us to watch out for?
Here's a theoretical pullback levels -- assuming we have fully and surely completed this current impulsive 5th Wave:
A TP of $0.10 would be a confirmation that a pullback is nearly fulfilled.
Currently, RSI is at overbought levels and trying to revert back to normality.
Until the pullback is realised, we are still within a bull trend, and further highs are not to be ruled out!
A successful movement into Wave 5 territory has been fulfilled, but has it actually completed?
Are we now entering a pullback or corrective trend?
If so, what are the levels for us to watch out for?
Here's a theoretical pullback levels -- assuming we have fully and surely completed this current impulsive 5th Wave:
A TP of $0.10 would be a confirmation that a pullback is nearly fulfilled.
Currently, RSI is at overbought levels and trying to revert back to normality.
Until the pullback is realised, we are still within a bull trend, and further highs are not to be ruled out!
