Momentum trade
Stock indexes are rising right now, I think its time to join the momentum.
Trade details:
Price action break out the resistance level shows by bearish engulfing pattern and high wave candle. I interpret this as breakout trade.
Place my stops just below the low of a large white body breakout candle.
Target is the significant resistance.
Trade details:
Price action break out the resistance level shows by bearish engulfing pattern and high wave candle. I interpret this as breakout trade.
Place my stops just below the low of a large white body breakout candle.
Target is the significant resistance.
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