Based on the chart, price reached a major support area and a strong rejection happened there. So strength of buyers at this area and the chart trend, can provide a good opportunity to be buyer.
So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2).
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2).
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!