Here we can see :
Downtrend line has been broken
Divergence
Price nearing MA's(Once crossed extra confirmation)
Reversal pattern(Engulfing bullish candle)
Nice opportunity for a buy
Downtrend line has been broken
Divergence
Price nearing MA's(Once crossed extra confirmation)
Reversal pattern(Engulfing bullish candle)
Nice opportunity for a buy
Note
Candle just closed above MA's. More confirmations to hold this trade long term.Trade closed manually
Closed with 55+ pips in profit.Signs of reversal
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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.