ADX more than 30 and price above EMA20
indicate market is on trending phase
also price action that you can see on 4H chart
bullish engulfing above previous resistance
2RR use for this entry
indicate market is on trending phase
also price action that you can see on 4H chart
bullish engulfing above previous resistance
2RR use for this entry
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.