$VZ Rough idea of what I expect... It's establishing a channel on the Daily, so I'd set up for the swing back up to the top. The red dashed line is the identical slope of the previous upswing. Don't expect this swing to match that exactly. It's more of a reference to measure the strength of this move against the last one. The green line is a copy of the slope of the previous downswing. We could rally to that area, then drop back to the base before taking off again. So, I want you to be aware of it, at least. (I'm not really too concerned by it.) The midline isn't plotted here, but it's almost spot on the gap fill. Bullish above 57.50 to 58.50, probably 59.75. Bearish below 56 to 54.
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