BS6.SGX_Bullish Breakout Trade_Long

ENTRY: 1.27
SL: 1.16
TP: 1.35

- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- First breakout from range on 22 Sep 2022 with volume before retracement to resistance-turn-support area (1.03) and rebounded with volume on 6 Oct 2022.
- Breakout today from ascending triangle pattern.
- Entry today based on breakout and >3% rebound off 10EMA with volume.
- Watch out for earnings in coming days.