$VELVET has been making waves these past few days, causing many shorters to pay a hefty price.
Currently, on the H4 chart, we can see that the price has been rejected at the 1.8 zone.
Will we find a consolidation area here to push forward, or are we going to see a collapse from this point?
Alright shorters, let's check the 1.4 zone. Remember to set your stop loss and always SL every time you enter a trade. Protecting your capital is the first rule of trading.
Currently, on the H4 chart, we can see that the price has been rejected at the 1.8 zone.
Will we find a consolidation area here to push forward, or are we going to see a collapse from this point?
Alright shorters, let's check the 1.4 zone. Remember to set your stop loss and always SL every time you enter a trade. Protecting your capital is the first rule of trading.
