Rationale: -Price has broken out of and retested a long term diagonal resistance (bullish) -EMAs are turning up and have crossed over already on lower timeframes (bullish)
This is a long term swing trade, do not expect instant results. It will take time to play out.
Take profits on the way up at the targets. You can rebuy and add more on the dips.
Your risk, your reward. This is not financial advice. Happy trading.
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.
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.