Career Point - Bullish Engulfing at 21 EMA
Note: This is for educational purpose only.
There seems to be a Bullish Engulfing pattern on 21 EMA support with good volume. RSI is above 60 which indicates bullish momentum. Moreover, RSI shows a breakout as well. 21 EMA above 55 EMA which shows short term uptrend.
Buy above the high of current candle and SL should be few points lower than the low of current candle.
There seems to be a Bullish Engulfing pattern on 21 EMA support with good volume. RSI is above 60 which indicates bullish momentum. Moreover, RSI shows a breakout as well. 21 EMA above 55 EMA which shows short term uptrend.
Buy above the high of current candle and SL should be few points lower than the low of current candle.
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