Weekly Predictions (Feb 18 - 22)
Updated
- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold
- Price neither overbought nor oversold
Note
4-hr chart- Price neither overbought nor oversold
- Broke above EMA (25, close)
- Wait for retest at EMA (25, close) and bullish candlestick to indicate LONG
Note
1-hr chart- Price overbought on Stochastic Oscillator and almost overbought on RSI
Note
Since price is not consolidating EMA STRATEGY would be useful this week, unless price action changes
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