Trade this idea only if criteria is met. Price has broken the 200ema and pull backed. Now in case the price action breaks the channel upwards and two candle sticks closes above it, we could be looking for a trade long where the price will try to close the gap between 50EMA and 200EMA on the 1H timeframe. Take profit at 200EMA of 1h timeframe.
Trade wisely! Wait for the right setup.
Trade wisely! Wait for the right setup.