On the daily chart we madde a new high and then respected support with a double bottom. Now we are starting to make new highs on lower timeframes and just crossed the 50EMA on the H4. We had a slight pullback and a bullish engulfing trend continuation candle. On M30 I wanted for a slight pullback and then entered the trade. No divergence yet on H4 so i feel confident entering the trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.