-Weekly 26 EMA breaking after repetitive attempts. Right now is flat pointing straight.
-Weekly MACD heading on the upper half.
-Daily 26 EMA pointing upwards after a strong bull absorption candle with a second candle breaking the range.
Long trades preferred.
Wait for the pullback of this initiative move and enter after a confirmative strong bull candle or pattern.
Stop loss below this pullback.
Take profit on some next reference point.
The trade provided is indicative.
-Weekly MACD heading on the upper half.
-Daily 26 EMA pointing upwards after a strong bull absorption candle with a second candle breaking the range.
Long trades preferred.
Wait for the pullback of this initiative move and enter after a confirmative strong bull candle or pattern.
Stop loss below this pullback.
Take profit on some next reference point.
The trade provided is indicative.