4015 **Bullish Points:** Price at significant support level (Volume profile) confluence with 78% fib level Bullish divergence is observed Small entry can be taken now (Aggressive) Further entry can be taken after descending channel breakout, or at next support level 118.6 (DCA strategy)
**Bearish Points:** Price is moving in downtrend, series of LH/LL H&S pattern breakdown and retest of neckline
Current stop loss is specified Trail stop loss if price goes up Place SL below 118 (DCA strategy)
Trade active
Closing is above the channel top A good sign, however, low volume does not support proper breakout
Entry can be taken now with SL below 132 [Aggressive] and/or after breakout of neckline (136) [conservative]
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