For Swing trader, I believe this is a very nice setup for you. It is bullish on every mid-long timeframe in this near term. Daily chart has been cleared and I am eyeing for the 200EMA of 2D chart which is in confluence with previous Resistance. Not only these 2 indications but there are a lot of other confluence as well that the resistance is a legit target, e.g. 50% fib of the previous high degree swing and a breakout pattern target (the breakout of double-top).
Even if you enter now, the R:R is still around 1.7. Since JAN, I mostly traded in swing as I don't have much time. I apologize for did not active much on publishing lately. I personally on this trade as well.
Even if you enter now, the R:R is still around 1.7. Since JAN, I mostly traded in swing as I don't have much time. I apologize for did not active much on publishing lately. I personally on this trade as well.