Hi traders
The price broke the downward trend and it has risen . We are expecting a pullback before continuing higher.
The pullback towards the previous resistance would be bullish and the long position can be taken then.
Target is shown on the chart
If the price comes back down below the downsloping support line, this trading idea will be invalidated
The price broke the downward trend and it has risen . We are expecting a pullback before continuing higher.
The pullback towards the previous resistance would be bullish and the long position can be taken then.
Target is shown on the chart
If the price comes back down below the downsloping support line, this trading idea will be invalidated
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