1. Bullish market structure 2. Swing failure pattern 3. Bear trap at the previous swing low 4. Rebound from 200 MA 5. Good volumes 6. RSI getting support at 50
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh (@johntradingwick) NSE Certified Technical & Fundamental Analyst