VLL has retested the upper end of the projected price target from a Downward Price Channel breakout at 5.50 (projected TP range = 5.40~5.50).
*Immediate resistance zone is also around 5.40~5.50.
See previous analysis for reference:
https://psetrends.blogspot.com/2017/04/vll-price-action-analysis.html
Trading Plan
- Take some profit or scale down position.
- Profit run the rest of the position with trailing-stop.
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