Short term uptrend momentum, higher highs and higher lows --- two legged pullback just made. Very interesting. Go long now to target 200EMA. (approx 1760).
The long term trend is still a Bear trend here, but I would expect that the short term pullback of the move up is quite likely to play out now.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY. YOU ARE RESPONSIBLE FOR THE TRADES YOU MAKE!
The long term trend is still a Bear trend here, but I would expect that the short term pullback of the move up is quite likely to play out now.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY. YOU ARE RESPONSIBLE FOR THE TRADES YOU MAKE!
Trade closed: stop reached