Bullish Engulfing Pattern formed after few constipating candles.
Price were consistently supported by 61.8%, last price closed above 50MA is another plus point to the trade.
However, suggest to protect profit as potential resistance at the gap above (78.6%).
Price were consistently supported by 61.8%, last price closed above 50MA is another plus point to the trade.
However, suggest to protect profit as potential resistance at the gap above (78.6%).