xpdusd pulling up .
this is a great time to put a buy stop in place as we think it will keep going up for weeks and months to come .
we will keep eyes on it and move our TS or close the trade with a good R/R lateran.
stay tuned ! :)
An engulfing candle whilst oversold and above the 50 sma indicates price may make new lows. Forming on weekly resistance as well as a 61.8 retracement adds more confluence to this trade. I am targeting price to move back to Monthly support which is also a -38.2 retracement.