Current situation on my view: Short term bearish trend ended, bullish trend may continue.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Comment:
Breakout trendline, longterm downtrend may continue, wait for pull back to enter trade
Trade closed: stop reached:
Traped
