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Momentum seems to have shifted in favour of a bullish move.
Stop Loss area is the red rectangle.
Given the recent huge upside move, I am not aiming for a specific target but will rather let this one run until I see weakness.
Looks pretty bullish. Especially after bouncing away from 200DSMA.
I have already opened the trade earlier but did not have the time to post the idea yet so the stop loss area (rectangle) is a tad far away now.
This trade has potential to be a bigger one, so don't close it too early as long as it did not hit stop loss.
There is no fixed TP area. I'd rather let...