Pulling the trigger here to go for long.
Reasons for long postiion:
1)Daily looks like it wants to print a bullish hammer.
2) Bullish DIvergence on RSI
3) Downtrend volume has decreased a lot in the daily time frame
4) Almost reaching the bottom of Bolliger Band
Wish me luck ;) If this trade turns out to be in favor, partial profit taking will start form 18500 all the way up to 22000.
Reasons for long postiion:
1)Daily looks like it wants to print a bullish hammer.
2) Bullish DIvergence on RSI
3) Downtrend volume has decreased a lot in the daily time frame
4) Almost reaching the bottom of Bolliger Band
Wish me luck ;) If this trade turns out to be in favor, partial profit taking will start form 18500 all the way up to 22000.