JMIA trade idea

Potentially great risk / reward setup for long side trade here on JMIA. Possible 50% reward here with only 15% drawdown risk. JMIA hitting long term support and a fib extension level i had. Now putting in a nice hammer with good volume coming in. Looking for retrace up to 382 retrace minimum at 12.00 area and SL at 6.75. Trade at your own risk.
Bullish PatternsChart PatternsFibonacci RetracementTechnical IndicatorsJMIAjmiastockjumiajumiatechLONGTrend Analysis

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