As you can see on the chart a doji candle formed in the previous day from the current candle which showed indecision in the market...however a big bullish candle confirmed the bias that the trend is most likely bullish. However the previous trend going down seemed sharp so any possible reversal may occur especially on the 50 day moving average.... However i am long until the 200 day moving average because the weekly chart didn't have any sharp movement in the down trend, rather an inverse hammer/pin bar whatever you may call it formed and could also indicate a possible reversal in the long term. The 4hr time frame is reaching the 200 day moving average so if it happens to break it i believe it can shoot up much higher. On the daily time frame stochastic and rsi agree and are in sync....so i am long.