OCCL - Long
The short term EMA's are bunched and mid & long term EMA's are moving upwards.
Bullish Engulfing on weekly charts.
Buy - 1220 - 1230
CBSL - 1172
Target 1 - 1263
Target 2 - 1320
Risk Reward - 1:2
Bullish Engulfing on weekly charts.
Buy - 1220 - 1230
CBSL - 1172
Target 1 - 1263
Target 2 - 1320
Risk Reward - 1:2
Trade closed: stop reached
SL Hit.Lesson Learnt - SL was not placed correctly at latest swing low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.