Reasons:
1. Trendline was respected.
2. EMAs showing buy
3. Previous candlestick was a lure for sellers, while the last two candles formed a morubozu, am expecting higher highs.
Trade with care all ;)
1. Trendline was respected.
2. EMAs showing buy
3. Previous candlestick was a lure for sellers, while the last two candles formed a morubozu, am expecting higher highs.
Trade with care all ;)
Trade active:
Still holding this trade with about +55 pips.