We may derive the following from the Daily VOD chart:
1. Price was slightly bullish last week and appears to have formed a "cup and handle" pattern.
2. It is probable that price may drop for a bit and then return to test the neckline before a potential breakout.
3. Monitor price action and be patient before trading.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price was slightly bullish last week and appears to have formed a "cup and handle" pattern.
2. It is probable that price may drop for a bit and then return to test the neckline before a potential breakout.
3. Monitor price action and be patient before trading.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
