it has formed a bullish engulfing pattern which signifies that buyers are in control, so get ready to BUY
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it did not reach purple line in which i put as my buy signal but notice that it did not break the lowest point at that place cos that is its low point so it is doing a retrace thats why.
It is not engulfing :) slp seems bullish but no for bullish engulfing dear , for other reasons
Mymixx
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@Farzadsheikhi68, yh sure, it forme the bullish engulfing but did not take it on that is why i placed my alert on the purple line, if the price had reached there it would have supported it. if u check the daily T.F , it is looking like a pump and dump that is why i wait for extra confirmation. so i will still be waiting for any buy setups and their confirmation.