NU on the higher time frame is a long. This month we retraced but now it is time. Reverse head and shoulders, nice support, daily bullish engulfing candle with weak attempt to push back down the past couple days. Weekly reversal candle last week. Lets do it!
Many are wary of taking a long position up here. I am bullish until 1.2. As the chart indicates, we have a daily close above all local daily highs. The pair gained support from previous resistance signified by the green horizontal line. I will follow up with an entry for next week.