In the renko 60min chart, it is equivalent to a daily chart, we can see the strength of the price through atr14. 5 variables must be will consolidated. 1) Cross TEMA 5 with HULL 13. Done 2) Cross Hull 13 with Hull 21..very important. Done 4) ADX force buyer power.Done 5) MACD buy signal. this point it is very important. we are waiting.
why I think that fedex it is a good trading opportunity? 1) The history of the price have a good test moving average , the MA200, and de Ndx, Dow30 and SP500 have got too. 2) I can see solid MACD and Rsi divergence, we saw to day in SP500. 3) To day we have in the graph dragonfly bullish doji pattern, this is a good trading bull signal.