Daily Breakout looks bullish ,, with volume support ,,
Candles crossed monthly CPR If it sustains above monthly CPR is our long opportunity. Once it crossed last month high it must be best long opportunity,,,,But needs any conformation candles for the best entry,,,,
Candles are got supported by weekly S3 levels ,once it got crossed Hourly 200MA then we believe strong bullish view... Until then we take only Short plans accordingly,,,,
Candles are above weekly CPR once the candles crossed 200 MA on hourly chart then we trust bulls are on track,,,,
Last week the candles cant enough support to cross weekly CPR , the candles already reversal at weekly S3 support line. Once the candles sustained above weekly CPR then we take Long Position,,,,, Below CPR Short Opportunities,,,,
In monthly CPR daily 200MA is below strong support area , once this 200 MA broken we can identify the down rally,,,,
Though the candles gap up not sustained above hourly 200MA ,It was broken weekly CPR finally got supported at Monthly Cpr ... Below Monthly CPR Short Trades ,Above Weekly Cpr Long Opportunities....In-between trades are risk,,,, My trend lines are showing how the candles are at acting SUP/RES,,,,,,
If it stays above hourly 200 MA & Weekly Previous High then , we believe strong bullish momentum is to happen,,,,,,
Above weekly CPR shows bullish but hourly 200 MA strong resistance is there,once crossed then we had good long opportunities.....
Below weekly CPR , if PWL broken then we had short call plans,,,,,,
Until hourly 200 MA broken not best for long side........
Candles are stuck in between Weekly and Monthly CPR , Once monthly CPR broken then we trust bullish rally ....
Avoid taking position in between weekly and Monthly CPR , Above monthly CPR Long, below weekly CPR Short
Yesterday not broken previous week low acts as a resistance , but before above weekly n monthly Cpr broken don't take Long position.....
If candles broken Monthly Cpr also dont take Short Calls bcz we had strong support Weekly Cpr Below Monthly Cpr.
Above monthly CPR and 20 MA we can view on Bullish view