Price has been moving inside a multi-year bullish tunnel, price has also broken a minor resistance level of 207$ with a nice bullish engulfing candle with some increase in volume on the last few daily candles.
Analysis HTF - Weekly
execution LTF - Weekly
Candle pattern - Bullish engulfing
Acceleration - Check
Volume - Check
Structure - Check
Moving average - X
Base rate - 70%(to hit stop loss)/30% to succeed
With the acceleration, volume pattern and strong multi year structure I suggest a base rate of 55%/45%(to succeed)
Good luck
Analysis HTF - Weekly
execution LTF - Weekly
Candle pattern - Bullish engulfing
Acceleration - Check
Volume - Check
Structure - Check
Moving average - X
Base rate - 70%(to hit stop loss)/30% to succeed
With the acceleration, volume pattern and strong multi year structure I suggest a base rate of 55%/45%(to succeed)
Good luck
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