US30 Long

10 Kas 2019

Looking at US30 we can see a clear uptrend, We saw a pullback on the 4 hour chart to the previously broken area. We have rejected this area and created a bullish engulfing candle. Took a late entry long @ 27624 at a retest of the consolidation zone on the lower time frame. Looking to hold this position up to the previous high, Depending on price action will determine whether I will hold the position longer with a possible outreach to the daily extension level -0.62%. Watch out for the marked areas.