1- pure price action
2-break out from ascending traingle pattern with very high volume in weekly time frame
3- now retesting trendline
4- moving averages cross over 200&50 EMA
5- one can enter now 131 levels with minimal stop loss of 124 levels or last swing as stoploss
6- very good opportunity to enter now with good risk reward ratio
7- most people may took the position after last week candle close around 140 levels now we have the opportunity take advantage of retesting with reduced risk .
2-break out from ascending traingle pattern with very high volume in weekly time frame
3- now retesting trendline
4- moving averages cross over 200&50 EMA
5- one can enter now 131 levels with minimal stop loss of 124 levels or last swing as stoploss
6- very good opportunity to enter now with good risk reward ratio
7- most people may took the position after last week candle close around 140 levels now we have the opportunity take advantage of retesting with reduced risk .