Bullish for the week of Dec 12 to 16, 2016 even though stochastic is in the oversold territory in both Daily and Weekly time frames.
Reason : Candles are above the 50 SMA in both the time frames.
Good for another 100 to 150 odd pips.
Reason : Candles are above the 50 SMA in both the time frames.
Good for another 100 to 150 odd pips.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.