Reasons-
1) Decisive bullish rejection from fibo golden ratio.
2) Hammer close at the support.
3) Previous resistance acting as support shows the conviction of the market participants.
4) Buying near the lower band of Bollinger puts more odds in our favour
5) Overall trend is up, we following the trend.
Kindly trade at your own risk
Good Luck ^_^
1) Decisive bullish rejection from fibo golden ratio.
2) Hammer close at the support.
3) Previous resistance acting as support shows the conviction of the market participants.
4) Buying near the lower band of Bollinger puts more odds in our favour
5) Overall trend is up, we following the trend.
Kindly trade at your own risk
Good Luck ^_^
