Monthly:
- Bullish Channel
- Higher Lows and Higher Highs
- Above 50ema
- Morning Doji star formation off support and 50% fibonacci
Weekly:
- Above 200ema
- Below 50ema (ideally wait for close above and retest)
- Last week candle close Bullish Engulfing
Decision:
Await Daily bullish price action i.e Bullish Hammer retesting resistance as new support to trade to upside.
- Bullish Channel
- Higher Lows and Higher Highs
- Above 50ema
- Morning Doji star formation off support and 50% fibonacci
Weekly:
- Above 200ema
- Below 50ema (ideally wait for close above and retest)
- Last week candle close Bullish Engulfing
Decision:
Await Daily bullish price action i.e Bullish Hammer retesting resistance as new support to trade to upside.