long on golf

21 בנוב׳ 2024

Trade Type: Long (Buy)

Market: MGC1

Timeframe: 15 min
Setup:

I am entering a long position based on a bullish pin bar pattern formed

Entry:



Trade Reasoning: This trade is based on a confluence of factors that suggest a potential bullish trend. The price is finding support near a key level, the RSI shows no overbought conditions, and the MACD shows an increasing bullish momentum. We are also approaching a breakout of a range, making this a good risk-to-reward opportunity.