Good Day Traders , I Hope All Is Well.
Reasons for taking this trade.
1) Stong Bullish Engulfing Candle on 15min timeframe indicating buy power
2) Break , retest , break pattern. ( Resistance becomes support)
3) Weekly momentum is still bullish
Advice
Whenever price breaks from a key level - it will almost always retest this level before continuing with the trend. ( Break , Retest , Break)
Good Luck
#ForexProdigy
Reasons for taking this trade.
1) Stong Bullish Engulfing Candle on 15min timeframe indicating buy power
2) Break , retest , break pattern. ( Resistance becomes support)
3) Weekly momentum is still bullish
Advice
Whenever price breaks from a key level - it will almost always retest this level before continuing with the trend. ( Break , Retest , Break)
Good Luck
#ForexProdigy