Reason for long
a) abc patern for long
b) Good engulfing candle in daily time frame
c) High close candle in weekly time frame
All these indicating the bullishness. However Sl is important, as abc pattern may turn to bearish M pattern, if traded below the SL
a) abc patern for long
b) Good engulfing candle in daily time frame
c) High close candle in weekly time frame
All these indicating the bullishness. However Sl is important, as abc pattern may turn to bearish M pattern, if traded below the SL