Possible Long Call
Dow theory in place - Higher high and higher low in place
Bear Trend intact on 4HR timeframe
Bullish Engulfing - Candle Stick formation at the bottom
Reversal from strong resistance levels
SL & TP levels are mentioned
**Its not clear reversal so i might have avoided this transaction if i would have been trading on my personal account.
Dow theory in place - Higher high and higher low in place
Bear Trend intact on 4HR timeframe
Bullish Engulfing - Candle Stick formation at the bottom
Reversal from strong resistance levels
SL & TP levels are mentioned
**Its not clear reversal so i might have avoided this transaction if i would have been trading on my personal account.
Trade closed: target reached