I will be waiting for 25 and 20 cents to buy SAND if it couldn.t cross the the 200 EMA. If it did I will be entering after some retracement from the leg that broke the EMA maybe (61 or deeper retracement). Let me know what you think.
Sand is looking bullish…. But for now, I want the market to make one last pullback to eat already entered buyers SL’s and then what can happen is that SAND can take support from its demand zone and can continue to go on to break the descending triangle pattern upwards…
I am thinking of entering around 2.40 - 2.45 level….
1st Target → 2.55
If it keeps on going,...