Breaking of 27.887 resistance is a good sign for a an up trend market and it's even get better with two candle stick pattern. The first one is an engulf pattern which has a good Penetration in 27.88 resistance and the second one is the pin bar which also make a penetration just like the other pattern and if the candle after pinbar close like what it's now it will be the confirmation too. Also pin bar is between 9MA and 18Ma which is a buy signal.
So best strategy for entering this trade is to put stop loss on 26.77 and the targets has shown on the chart.
So best strategy for entering this trade is to put stop loss on 26.77 and the targets has shown on the chart.
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