Waiting for retracement at around $67. There is confluence of
- Triangle trendline support,
- 50MA,
- Key Fibo level
- Golden Cross
- All 3 key indicators are also bullish
Will execute only with Bullish Pinbar on support. Look out for updates..
- Triangle trendline support,
- 50MA,
- Key Fibo level
- Golden Cross
- All 3 key indicators are also bullish
Will execute only with Bullish Pinbar on support. Look out for updates..
Comment:
As anticipated, price has went lower into the support region. Let's wait for a bullish candle, preferably a pinbar on the support.
Comment:
Placing a buy stop order above yesterday's candle high.
Trade closed: stop reached