Short Setup
After yesterday's dump, VRA had a nice rally up to the 20MA.
I found points to which I could draw a range, top of range being the 20MA.
✅️Clear entry target
✅️invalidation is acceptance above 20MA/ range
✅️ targets are pre defined as range levels
✅️clear stop placement, minimal risk.
I would like to see yesterday's low tested again to form an accumulation/ redistribution level. From there I'll reassess.
I found points to which I could draw a range, top of range being the 20MA.
✅️Clear entry target
✅️invalidation is acceptance above 20MA/ range
✅️ targets are pre defined as range levels
✅️clear stop placement, minimal risk.
I would like to see yesterday's low tested again to form an accumulation/ redistribution level. From there I'll reassess.
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