We have a nice swing on the H4 suggesting us that the price might take off, simply looking at higher highs and higher lows and price action speaking about possible reversal, I'm gonna go long if the next candle will not close as a bearish engulfing, placing the stop just below the last low.
Moving average crossed upwards.
The price broke a daily trend line with a strong bullish candle, there is a positive sentiment.
My take profit will be in the area of the weekly resistance but it could go higher if we really are on a bullish trend.
This is my vision
Moving average crossed upwards.
The price broke a daily trend line with a strong bullish candle, there is a positive sentiment.
My take profit will be in the area of the weekly resistance but it could go higher if we really are on a bullish trend.
This is my vision