Currently, price is in an uptrend.
RSI is showing a strong trend.
We can also see that price has bounced off the 50EMA successfully followed by a bullish engulfing candle.
3 reasons for why I am taking this trade, and a engulfing candle for confirmation! I do not see why this trade would not follow through.
RSI is showing a strong trend.
We can also see that price has bounced off the 50EMA successfully followed by a bullish engulfing candle.
3 reasons for why I am taking this trade, and a engulfing candle for confirmation! I do not see why this trade would not follow through.