Using Dow Theory I identified that Market in an early Bullish Trend making new HHs & HLs. Possibility of continuation of Bullish Trend due to breakout of Bullish Pennant Pattern.
Confluence Points:
1) Bullish Penant Brakout
2) New HH & HL
3) Strong & Multiple Bullish Candles At Breakout
4) Resistance Broken
Thank You!
Confluence Points:
1) Bullish Penant Brakout
2) New HH & HL
3) Strong & Multiple Bullish Candles At Breakout
4) Resistance Broken
Thank You!