MA 200 started to flattening, a signal for bearish to end
Volume is picking up
RSI showing positive momentum
Construction index also showing uptrend momentum ahead
Trading Idea
- buy half position on breakout @ 1.15 - 1.75
- watchout for volume on breakout
- if volume is not spiking up on the breakout, sell all bought position
- if volume is spiking up on the breakout, buy another half position on the pullback @ 1.15 - 1.75
- TP1 @ 1.55(30% profit)
- TP2 @ 1.95 (60%++ profit)
TAYOR
Volume is picking up
RSI showing positive momentum
Construction index also showing uptrend momentum ahead
Trading Idea
- buy half position on breakout @ 1.15 - 1.75
- watchout for volume on breakout
- if volume is not spiking up on the breakout, sell all bought position
- if volume is spiking up on the breakout, buy another half position on the pullback @ 1.15 - 1.75
- TP1 @ 1.55(30% profit)
- TP2 @ 1.95 (60%++ profit)
TAYOR