INJ - Injecting An Impulse 💉

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 INJ has been overall bullish, trading within the flat wedge pattern in red.

Currently, INJ is in a correction phase, approaching the lower bound of the wedge.

Moreover, it is retesting a strong support at $31.5.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.

📚 As per my trading style:
As #INJ approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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TheSignalyst

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Feragatname

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TheSignalyst

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