Happy Easter everyone,
On 19th of march we saw a strong bullish engulfing candle which then price recovered towards $550. We then saw a pullback to $450 where we took our first entry. Profits running and stop loss still remains under the 200 MA. Im expecting some resistance at the 50 MA. This is a long term trade where my target is previous highs of this year around $950.
Regards
Ahava
On 19th of march we saw a strong bullish engulfing candle which then price recovered towards $550. We then saw a pullback to $450 where we took our first entry. Profits running and stop loss still remains under the 200 MA. Im expecting some resistance at the 50 MA. This is a long term trade where my target is previous highs of this year around $950.
Regards
Ahava