Price has climbed to a bullish landscape with RSI signaling an oversold price. ATR has decreased signaling lower volatility and good zone to enter for a position. Price is also above 38% Fib which is a good sign of momentum. Primary target would be 78% but price could climb higher and I will remain in a buy as long as price remains above supportive "green" cloud.. SL placed below the cloud..
First trade idea of the year with some tweaking to my strategy. Heres for a profitable trading year for you all.
Thank you for looking =)
First trade idea of the year with some tweaking to my strategy. Heres for a profitable trading year for you all.
Thank you for looking =)