TGL is displaying strong bullish momentum, reaching new highs with an immediate target of 121, followed by 126.8. π Consider a long position, targeting a buy at retracement on higher lows (hl) or recent support levels around 116-115.5. π―
Analyzing the daily timeframe, indicators are supportive of bullish sentiment. The ADX (+DI) is bullish, Bollinger Bands are expanding, and the RSI is above 70, signaling bullish momentum. π This confluence of indicators suggests a favorable outlook for a long trade.
Keep a close eye on the price action around support levels and consider placing a stop-loss order below key support to manage risk effectively. π‘οΈ Happy trading, and may the markets be in your favor! π
Analyzing the daily timeframe, indicators are supportive of bullish sentiment. The ADX (+DI) is bullish, Bollinger Bands are expanding, and the RSI is above 70, signaling bullish momentum. π This confluence of indicators suggests a favorable outlook for a long trade.
Keep a close eye on the price action around support levels and consider placing a stop-loss order below key support to manage risk effectively. π‘οΈ Happy trading, and may the markets be in your favor! π