Reason to buy:
1- Downtrend got rejection from support level and made morning star pattern.
2- Descending triangel broken upward, retested the upper neckline and another bullish candle formed.
3- There is supply above as well and we know that market loves the liquidity.
4- Downtrend didnot make lower low rather created support and respected that support once again.
1- Downtrend got rejection from support level and made morning star pattern.
2- Descending triangel broken upward, retested the upper neckline and another bullish candle formed.
3- There is supply above as well and we know that market loves the liquidity.
4- Downtrend didnot make lower low rather created support and respected that support once again.