LONG VENUS PIPESOne can long Venus pipes with an SL of 1200. Please consider that I am not a SEBI Reg. Analyst. Do your own research before trading or investing.
Venus
Planet Ingress: Venus Geocentric moves into Pisces.Trend change?Geocentric Venus has changed sign and moved into Pisces.
On the last few Venus Ingress, short term change of trend was noticed(+/- 1 trading day).
Will it be the same this time around too?
💡Don't miss the great buy opportunity in XVSUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (44.730).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XVSUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 56.750
TP2= @ 72.800
TP3= @ 83.150
TP4= @ 94.700
TP5= 103.090
SL= Break below S2
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