-Weekly 26 EMA pointing upwards.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.
Long sentiment
-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.
A big high relative volume bull candle indicates the beginning of a trend.
Defensive play would recommend to enter on the pullback of this initiative move.
Stop Loss below the reverse hnd.
Target on some next reference point.
The position there is indicative.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.
Long sentiment
-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.
A big high relative volume bull candle indicates the beginning of a trend.
Defensive play would recommend to enter on the pullback of this initiative move.
Stop Loss below the reverse hnd.
Target on some next reference point.
The position there is indicative.