Price broke out of EMA 50, after giving breakout it is in pullback mode.
Looks like it is taking support on EMA 50 and formed inside bar.
MACD also confirms up trend as it is facing up and crossing zero line.
Risk Reward ratio would 1:2.
Looks like it is taking support on EMA 50 and formed inside bar.
MACD also confirms up trend as it is facing up and crossing zero line.
Risk Reward ratio would 1:2.
Trade active:
Entry order executed. In the trade.
Trade closed: stop reached