1. Made a double bottom
2. Breakout with a good volume with a single candle.
3. RSI convergence
Three different indicators pointing in the same direction give the trade the power of confluence. However, the entry should be made only after a successful retest.
The target can be decided with the help of the Fibonacci tool as it will be making new highs...
Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.