We are ready for a new impulse on VISA

Today, we will share a long setup on VISA

Main items we can see on the chart:

a) The price is on a critical level (either for a breakout or a reversal)

b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement

c) The reasons are:

-We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension

-We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC)

-The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90

d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12

e) We expect a resolution between 12 and 20 days in case the setup is executed

f) We will cancel the setup if the price goes below C