Rectangle pattern formation around 50 ema shows some accumulation. Pattern has a quite good consolidation for 3 months. Also with 50 EMA sloping flat to positive will help in price to move higher. A recent re-test of 50EMA inside rectangle pattern shows strength.
DISC: chart posted for learning purpose only.
DISC: chart posted for learning purpose only.
Commentaire:
SL moved to 325
Trade fermée: ordre d’arrêt atteint
SL - 320 (5%)
TGT- 372 (10%)
R:R - 1:2