Reasons to buy:
* As you can see, the 200 & 50 EMAS have also crossed which indicates a shift in trend.
*Upward momentum is still strong and higher highs are still being achieved.
*There is also a 3:1 + risk-reward.
Stop-loss should be placed under the previous low as this would invalidate the trade idea.
* As you can see, the 200 & 50 EMAS have also crossed which indicates a shift in trend.
*Upward momentum is still strong and higher highs are still being achieved.
*There is also a 3:1 + risk-reward.
Stop-loss should be placed under the previous low as this would invalidate the trade idea.
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