Description
⋅ Speculative long trade. Price is being supported by
- SMA 30 + 50 and EMA 50
- 50% fib retracement
- prior local high
- seasonality is rather bullish in the 1st half of this year
- global situation seems to demand rather the products by LMT
Comment
⋅ I have lowered the TP as indicated. Not that the ATH doesn't get challenged, but my strategy involves a faster money turnover.
Trade closed: target reached
⋅ Take profit reached at 488.89 USD