Long trade setup

**Trading on the positive side of MA200**
**Underlying strong tested support + MA200 as support**
**Reviewed last earnings report for Q1 @ late April**
+Profit for Q1 increased by 10% vs Q4
+Increased revenue Q1 2021 / 2020

TP:
**MA5 candle close above**
**Fibonacci 1:1 / 127% depending on the movement on low time frames**
**Chasing a few percentages...**

SL:
**Max drawdown accepted 10%**
**Or close above 5MA on Daily candles**

Will keep the trade updated..


Technical IndicatorsTrend Analysis

Declinazione di responsabilità