H4
Daily
What to do now?
- support by 200 SMA due to the candlestick above the 200 SMA
- bullish momentum shows in MACD
- Break out the key support zone(purple rectangle)
Daily
- Break out from the downward trend
- Strong bullish momentum on MACD
- Parabolic SAR showing an upward trend is consistency
What to do now?
- Long the market immediately or
- Waiting for confirmation due to currently is retesting the support zone
- Please do your own proper risk management