As we see here,On the price chart,price is working into a triangle,i think may consider it as a FLAG,of course we are writing for break out. Same here if we have check the Stoch
. Indicator,we can see some strength appears there , Stoch
. was made another higher bottom ,So,we have right now on the Stoch
.chart have two bottom,one higher than the other and there is a peak. Once the Stock succeed to break out their Peak,Then We can can consider as buy Signal.(Not ENOUGH for me ) ,SO we will take the Set up from the StOCH
( BEING READY FOR LONG POS
.),while WE WILL WAIT UNTIL the BUY signal comes from MACD
,We will do nothing until the MACD
AT THE PRICE CHART,BREAK UP THE UPPER BOUNDARY MEANS GO LONG WITH CONFIRMATION,SPEACILLY WHERE YOU CAN SEE THE DAILY AND WEKLY TREND CONFIRM THE DIRECTION AS WE MENTION IN PREVIOUS CHART. GL.