Massive Breakout on VET

٢٣ مارس ٢٠٢٢

VET has formed a massive falling wedge and broke out after competing a 5 wave corrective series. Its come into a weekly HTF demand zone and formed a nice bullish pin bar on weekly close and started to show bullish momentum to the upside with the 3D RSI having reset above the MA having been oversold. The weekly MACD also showing bullish momentum with an upcoming bullish cross. Price looking to put in a HH to confirm a possible start to an uptrend