Strong Long term trend line touch.
At major support area.
Bullish reaction to support area with higher volume.
This is heavily a speculation trade with little but support and a trend to go on. Preferably we need to wait for a better pattern to form after a bear rush. The reason for this plan is of long factors that might come into play. They're at a trend line(2018 - 2019) drops which gives us good entry points for long(if trend line/support holds) to retest the Major downtrend channel top.
At major support area.
Bullish reaction to support area with higher volume.
This is heavily a speculation trade with little but support and a trend to go on. Preferably we need to wait for a better pattern to form after a bear rush. The reason for this plan is of long factors that might come into play. They're at a trend line(2018 - 2019) drops which gives us good entry points for long(if trend line/support holds) to retest the Major downtrend channel top.
Comment:
Take profit and set to b/e or in-profit
Trade closed manually:
B/e hit.