Observation
1) Trendline - Uptrend - Bullish
2) HH - Formed higher low at 2.14 and going up ( Bullish)
3) Pattern - Slowly forming a ascending triangle. Break above 2.41 with high volume it will be a bullish breakout. until 2.81 ( 20%)
4) MACD - Bullish Crossover ( Bullish)
5) RSI - Broke above 70% ( Bullish)
6) ADX - Weak Momentum and bullish
Conclusion
Entry Price - 2.42 with high volume above 5 Million Shares or 50000 lots
Stop Loss - 2.25
Take Profit 2.5 (R1) and 2.81 (R2) and 3.34 (R3)
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