Hello Traders,
There has been a strong pullback to the 50 EMA on the daily chart after a strong trend up. After hitting the 50 EMA it bounced back up showing strong support. After this pullback there is a huge potential for the bullish trend continuation, however it would be best to wait and see another retest for support before entering a long trade.
There has been a strong pullback to the 50 EMA on the daily chart after a strong trend up. After hitting the 50 EMA it bounced back up showing strong support. After this pullback there is a huge potential for the bullish trend continuation, however it would be best to wait and see another retest for support before entering a long trade.