With this trade i should have waited a bit longer to see what the market was doing as its at yearly high and could be showing signs of reversal due to resistance and exhaustion.
I took this trade because the market was making higher lows and i managed to get in on a bullish engulfing just after a pull back, the weekly and daily are bullish however the daily is showing signs of resistance so i should have waited maybe another day to see how today's daily candle closes.
I took this trade because the market was making higher lows and i managed to get in on a bullish engulfing just after a pull back, the weekly and daily are bullish however the daily is showing signs of resistance so i should have waited maybe another day to see how today's daily candle closes.