Strong breakout with volumes of monthly resistance which is now support(yellow line)
Retesting phase.
Go long with sl below yellow line on closing basis.
Yellow line - Monthly Support/Resistance
Pink line - Weekly Support/ Reistance
Blue line- Daily Support/Resistance
Red Line - Hourly Sipport/Resistance
Trend Check from higher to lower time frame.
keep sl accordingly.
Retesting phase.
Go long with sl below yellow line on closing basis.
Yellow line - Monthly Support/Resistance
Pink line - Weekly Support/ Reistance
Blue line- Daily Support/Resistance
Red Line - Hourly Sipport/Resistance
Trend Check from higher to lower time frame.
keep sl accordingly.
Comment:
bullish stance intact