In my opinion,the bullish trend will continue.
On 1D chart, RSI is close to overcoming MA.
It looks like we're in an Elliott wave triangle.
On 1D chart, RSI is close to overcoming MA.
It looks like we're in an Elliott wave triangle.
Comment:
At this moment, my transaction is +150 pips. I moved with SL to +20pips to secure my position. For each position, I do not risk more than 2% of the account value. Money management is very important for the long term.
Trade closed: stop reached:
The chart took the opposite direction and hit the SL which was moved to +20 pips. I'm waiting to get into a buy position again.