INJ - Bullish Momentum Persists 📈

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 INJ has been overall bullish, trading above the red trendline.

Currently, INJ is hovering around the trendline acting as a non-horizontal support.

Moreover, the 30.0 marked in green is a strong support zone.

🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.

📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich