VNINDEX trade ideas
VN-Index is projected to follow a bullish trendIt has been forming a trading range for over 300 days.
Recently, the price has crossed above the Point of Control (POC), GAP, and Peak Volume.
=> I anticipate that the price will break out of the range during this wave.
Target for this wave is 1550-1600.
VNINDEX will down in the next time to find a strong supply zoneAs you can see the this week, we have an bearish engulfing to begin for the down trend. In next week I think it will turn on to Fibo 0.5-0.618 and it also coincides with the previous strong supply and demand zone. I think it will probably rebound strongly and break the current peak.