Weekly Predictions (Feb 18 - 22)

- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold

Komentarz:

4-hr chart

- Price neither overbought nor oversold
- Broke above EMA (25, close)
- Wait for retest at EMA (25, close) and bullish candlestick to indicate LONG

Komentarz:

1-hr chart

- Price overbought on Stochastic Oscillator and almost overbought on RSI

Komentarz:

Since price is not consolidating EMA STRATEGY would be useful this week, unless price action changes