Bullish engulf on support. Would see retailers opening positions to buy. Window shopping shows strength of usd(5/6) but gaining slight momentum for a small pullback.
Simple trade, provide ample room for stoploss, consolidation and breaks out at resistance...long term trend is heading upwards.
Take some profits when price hits the green zone, trail the rest.
Position trading, be patient and do remember to manage open trades.
-Trail stoploss as take profit.
-Manage position, adjust stoploss to breakeven when needed.
