After a big down trend, price need a correction
Why I take this trade ?
Price is far from moving average : price need to correct
Bullish trendline
Engulfing candle
Entry : at 50% retracement
TP : around 1280
SL : right below last low
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Disclaimer
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.