Weekly Chart:
Strong bullish candle work as a confirmation candle.
Daily Chart:
Strong bullish candle broke the down-trend line since 19 Feb. 2019
Watch out:
1. Long term down-trend line since Aug. 2011 might act as a strong resistance
2. There might be a retest around zone 1300
Action:
1. Join the Bulls
2. First target around zone 1323
3. Second target around zone 1340
Stop Loss:
Always set your SL
Strong bullish candle work as a confirmation candle.
Daily Chart:
Strong bullish candle broke the down-trend line since 19 Feb. 2019
Watch out:
1. Long term down-trend line since Aug. 2011 might act as a strong resistance
2. There might be a retest around zone 1300
Action:
1. Join the Bulls
2. First target around zone 1323
3. Second target around zone 1340
Stop Loss:
Always set your SL
