Hey guys, the following questions are on everybody's mind…!!
Will $VELVET hold this support or not?
Is this correction the end of the rally or just a healthy retest?
What will happen after this pullback?
And here I would like to share my thoughts with all of you. The current correction looks like a healthy retest after a massive rally. As long as $VELVET holds this support zone, there is a strong possibility of another move toward $1.80-$2.20 levels.
Therefore, do not rush into short positions and make sure that you will not be left behind after a strong breakout.
Below open trade
Will $VELVET hold this support or not?
Is this correction the end of the rally or just a healthy retest?
What will happen after this pullback?
And here I would like to share my thoughts with all of you. The current correction looks like a healthy retest after a massive rally. As long as $VELVET holds this support zone, there is a strong possibility of another move toward $1.80-$2.20 levels.
Therefore, do not rush into short positions and make sure that you will not be left behind after a strong breakout.
Below open trade