ROSE is blooming 🌹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After being bearish for a couple of months, #ROSE finally broke a previous major high (marked in orange)
For the bulls to remain in control, and take over from a long-term perspective, we need a break above 0.055. In this case, we will expect further bullish movement till 0.07
📉 In parallel, if the last minor low in red at 0.049 is broken downward, we will expect a bearish movement till the orange previous low.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich