Price has been consolidating and holding the same support level for almost a month.
Now was able to broken up that channel and move above simple moving average 10
By this action we can consider bulls slowly taking control
Indicators :
RSI crossing from 50 line and MACD is positive
For more precaution you can wait until price crossing from EMA 50 (Red line)
GOOD LUCK
Now was able to broken up that channel and move above simple moving average 10
By this action we can consider bulls slowly taking control
Indicators :
RSI crossing from 50 line and MACD is positive
For more precaution you can wait until price crossing from EMA 50 (Red line)
GOOD LUCK
