VN30F1M - 14/03/2023 Full Long

14 Mar 2023

Timeframe used: 15m

Reasons to Long:
- Price has retested the 1033 level twice (Fibo retracement 0.236 and former resistance level that took multiple days to break through)
- Maintaining the laddering up structure
- Staying above the median line of the orange channel after breaking through 1033, indicating relatively strong price momentum
- Price has retested the lower channel of the purple channel

Forecast:
- Bounce back to 1055 (Fibo retracement 0.382)
- Retracement towards the median line of the orange channel
- Rise to 1065 (the intersection point of the upper channel of the orange channel and the median line of the purple channel)

Action: Full Long

14/03/2023 - Long Dang

16 Mar 2023

İşlem kapandı: hedefe ulaştı

Reached 1065 earlier than expected
-> Took profit