1. Strategy used 20 ema and 50 ema moving average. As long as the prices are above the red 20 ema, the direction is up and below the blue 50 ema is our support point.
2.Strategy As long as we stay above the wedge indicator in the weekly time frame, the direction is up.
Although there is a reverse head and shoulders formation on the chart, the targets are drawn according to Fibonacci. We need closes above the wedge resistance. Pay attention to the wedge resistance in the weekly time frame.