Buy Signal:
Price close crossing EMA5 and Rebound from EMA50
In the perfect bullish zone Close > EMA5 > EMA20 > EMA 50 > EMA200
Buy Level: 1660 - 1700
Strong Bullish Confirmation Level: Close > 1720.
Support EMA5: 1660
Support EMA20: 1650 (Cutloss Point)
Target 1 (Last Recent Peak): 1720
Target 2 (200days High): 1870
Potensial Risk: 10 - 20
Potensial Reward: 50 - 200
If unable to break 1720, means the price will in the consolidation zone 1600-1720.
Happy Trading!
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