Weekly Time Frame:
Confluences
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Bullish pennant formation within a range.
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ABCD formation.
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200 EMA acting as dynamic support.
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Price Action (P.A) currently printing a bullish marubozu candle.
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Price Action (P.A) currently printing Higher Highs (H.H) and Higher Lows (H.L).
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Moving averages suggesting bullish momentum.
Confluences
*
Bullish pennant formation within a range.
*
ABCD formation.
*
200 EMA acting as dynamic support.
*
Price Action (P.A) currently printing a bullish marubozu candle.
*
Price Action (P.A) currently printing Higher Highs (H.H) and Higher Lows (H.L).
*
Moving averages suggesting bullish momentum.