TRB has broken through the trendline resistance and horizontal resistance, which is a good sign of bullish momentum.
But the question is, is it already bullish?
On the daily chart, even if it breaks through the trendline resistance, it has not yet formed a clear bullish structure. As you can see, it must break through the upper range before we can consider it to have a bullish tendency on the daily line. But please note that we are talking about the bullish tendency on the daily line here.
But in lower chart frames, such as the 4-hour chart and the 1-hour chart, it is already considered a bullish structure. It only needs a second confirmation pullback to show the strength of its support level.
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