Based on the chart, a strong bullish movement have happened recently and it seems a correction finished. So based on the support and resistance area and the market movement(A bullish Engulfing Candle), we can consider a good bullish movement for following hours.
So I opened a buy position with a good risk reward ratio which can be about 1:4.5
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So I opened a buy position with a good risk reward ratio which can be about 1:4.5
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!