Based on the chart, price succeeded to break a major resistance level and the weakness on sellers is considerable.
So based on these scenarios and happing a pull back on the broken area, continuing the uptrend would be highly possible with providing a very good risk/reward ratio.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!
So based on these scenarios and happing a pull back on the broken area, continuing the uptrend would be highly possible with providing a very good risk/reward ratio.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!