In addition, daily is being help up by the 10ema, RSI still not so convincing. I will wait for the 4 hour candle before I jump in.
Flyn1818
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Hi Afaq, It has but we need the re test which it has done but we don't have a bullish engulfing candle. I've seen this happen many times, it breaks out, we have a small retest and then it falls back into the channel. Best wait for a bullish 4 hour candle then jump in. Only my opinion. RSI needs to turn up. MACD still below the midline and the energy on the red line on the Phoenix tool needs to be at least above 50%