Hey Traders,
Moving averages are moving nicely towards the upside, with a bullish engulfing candle as confirmation.
It could bounce back off the higher timeframe downtrend, but once it does I believe if we get another confirmation a re-entry could also be possible.
Moving averages are moving nicely towards the upside, with a bullish engulfing candle as confirmation.
It could bounce back off the higher timeframe downtrend, but once it does I believe if we get another confirmation a re-entry could also be possible.