We just took a long position here based on the recent high and the pullback into support. The engulfing trigger up at the 50EMA lines up with strong momentum and volume. Our stop is placed at the swing low minus current ATR. Profit target is at 2:1 RR
entry was .9633
entry was .9633
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.
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.