Channel bottom hit 2888 on Weekly on 22-Feb 2021 candle . Next candle is a higher low bullish. tool reversal Support at 21 EMA. Next candle is also a bullish candle. HH and HL on 8-mar candle.
Long with SL below prev support of 2600
Target channel high OR Market exit if another breakout on weekly is seen. Reason for market exit is that any new breakouts could be a exhaustion signal in a bull trend lasting 1 year.
Long with SL below prev support of 2600
Target channel high OR Market exit if another breakout on weekly is seen. Reason for market exit is that any new breakouts could be a exhaustion signal in a bull trend lasting 1 year.