JTIASA - Looking for strong bullish continuationEntry & exit strategy setup.
Watch for pullback until entry zone Fib line 0.382 - 0.5.
Strong resistance at 1.33.
The price is well above the Kumo, indicating a strong bullish trend.
The Tenkan-sen is above the Kijun-sen, confirming bullish momentum.
The Chikou Span is above the price, indicating no immediate resistance from past price levels.
Volume: Recent breakout above 1.30 was accompanied by a volume surge, confirming strong buying interest.
Trend Strength: The bullish trend is strong, with higher highs and higher lows forming.
Breakouts or pullbacks must be confirmed by higher-than-average volume.
A breakout with low volume may indicate a false move.
The Kijun-sen and Tenkan-sen should remain bullish for trend continuation.
Any significant bearish crossover may invalidate the trade idea.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
