Strong upward trend with high momentum.
Price is consolitating, however, buyers seem to be strong (i.a. recent downward candlestick has deep lower shadow). Therefore speculating on upward break with strong momentum.
If price does come back to 119.50 a long position will be taken.
Price is consolitating, however, buyers seem to be strong (i.a. recent downward candlestick has deep lower shadow). Therefore speculating on upward break with strong momentum.
If price does come back to 119.50 a long position will be taken.
Trade closed: stop reached
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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.