1. Candle - Bullish Engulfing
2. Support and Resistance - Price close to Resistance
3. Volume - Volume above 20 days MA
4. DOW Theory - Trading Range??
5. Indicators -
RSI - climbing to 70
MACD - Crossing redline
6. Risk ratio greater than 1
2. Support and Resistance - Price close to Resistance
3. Volume - Volume above 20 days MA
4. DOW Theory - Trading Range??
5. Indicators -
RSI - climbing to 70
MACD - Crossing redline
6. Risk ratio greater than 1