A nice bullish engulfing bar has formed at 34 EMA. This could be a good opportunity to go long if prices retraces to the area shown as Buy on the chart. Happy trading!
Bearish engulfing bar formed at 34 EMA in a down trending market. This could be a nice opportunity to go short if price retraces to the area shown on the chart and profit could be booked at the take profit zone shown. Happy trading and happy new year!