INTU - Uptrend + Bullish Hammer at value zone

I. Analysis
1. Clear and strong uptrend and evidenced by series of hh/hl + 20MA - look for long entries
2. 20MA working as a support area
3. Strong hammer just formed and glued to the 20MA

We are trading with the trend, from a value area and with a clean entry trigger.

II. Trade
1. Enter next candle
2. SL 1 ATR below 20 MA/ current pinbar
3. TP when price crosses and holds below 20MA

Note: Manage tightly because there is a relevant resistance level as displayed in the chart, potentially posing an obstacle to the development of the trend.

Plsd to hear yr comments.

Cheers
Ruben