Location and Momentum Bull Setup
Price in Monthly Chart had tested the Monthly Demand area printing the long-tailed Hammer which aligns with the trendline from 2016 and 2018 Demand zone.
This alone give the strong conviction for Bull run
Like wise , Weekly chart perfectly re-aligns being tested the Demand zones which printed the Doji Last week.I expect the weekly112-114 area to be easily absorbed by the bull movement and target the 116 weekly untested fresh Supply area.
As Daily Price has already Took out The Daily Supply CP and formed the Daily demand 110-109 area printing the CP where i will place the buy limit order .THis
This alone give the strong conviction for Bull run
Like wise , Weekly chart perfectly re-aligns being tested the Demand zones which printed the Doji Last week.I expect the weekly112-114 area to be easily absorbed by the bull movement and target the 116 weekly untested fresh Supply area.
As Daily Price has already Took out The Daily Supply CP and formed the Daily demand 110-109 area printing the CP where i will place the buy limit order .THis
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