FX_Jupiter
Long

V potential for long position

NYSE:V   VISA INC
V is in its correction stage. Bearish Engulfing Pattern on weekly chart.
Uptrend is still intact.
I am going to see the markets react with a demand zone at about 115 (around 23.6% Fibonacci) to next week and waiting for price action before going long.
I am a long-term investor. So, I will place a Stop Loss below 106 (38.2% Fibonacci)
Trade ist aktiv: Visa V had nice reaction with demand zone as my anticipation.
For those of you who believe in my prediction. I think you had it at reasonable price.
snapshot
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