TASI, 2082: ACWA

Trendline resistance breakout. (Confirmation of false breakdown)

Setup is ready for long.

1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish


Buy @ current level (164.4)

Buy after retest of trendline (162), confirmation of HL

Tight SL @ 153.25
or previous HL@ 145.4

Targets slightly below fib levels
TP1 @ 180.5
TP2 @ 187.5

or as per RR 1:2, 1:3

Ride the trend with trailing stop loss