Trend is upside but a fall is needed either correctively or impulsively.
Based on our experience on such a setup, we usually see a pullback.
The strength of the trend usually dictates the strength of the pullback.
But a pullback is needed in this case, the sell trade.
Trade with care use a stop loss.
Based on our experience on such a setup, we usually see a pullback.
The strength of the trend usually dictates the strength of the pullback.
But a pullback is needed in this case, the sell trade.
Trade with care use a stop loss.
Comment:
move your stops to break even if you took the first entry @50078.33
Trade closed: target reached