BURSA - Pullback Setup?

A  pullback setup has developed on BURSA weekly chart as it bounced off its support zone with a bullish candle on rising volume. On the daily chart you can see that trading volume has increased the last 3 days.

Further upside is expected with the target at the resistance zone. Stop loss is below the support zone.

BURSA Weekly Chart

BURSA Daily Chart

Disclaimer:

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.