Hi Traders!
Nagafert has closes above the 6ma and currently trying to break the trendline. It's bouncing from the 50 ma support. Therefore chart is giving bullish sign.
For entry we can consider the current level with SL Below 6ma weekly candle close. Or we can put the stoploss below the previous weekly candle low with proper position sizing.
Target is mentioned in the chart.
Disclaimer : This is for educational purposes only and not for any trading call.
Nagafert has closes above the 6ma and currently trying to break the trendline. It's bouncing from the 50 ma support. Therefore chart is giving bullish sign.
For entry we can consider the current level with SL Below 6ma weekly candle close. Or we can put the stoploss below the previous weekly candle low with proper position sizing.
Target is mentioned in the chart.
Disclaimer : This is for educational purposes only and not for any trading call.
