I want to remind you that the long trade was activated and now it is in profit. The price moved above SMA200 and broke SMA50. The market looks bullish and we can expect further upward movement. If you missed that previous trade opportunity, it will be a good idea to wait for a pullback and open a new long trade with stop orders below SMA200 and the local swing low. The profit target should be the same.
Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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