Siemens- Rebounding from 200 MA cluster

Key Highlights:

1. Approaching trendline
2. Bullish MS on the lower time frame
3. Rebound from 200 MA cluster
4. Volume expansion
5. Early signs of reversal
6. RSI strongly curving upwards
7. Stop loss: 1920

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.