1) Strategic trend is bullish
2) Short term downtrend, note the trend line slopping negatively
3) Price has broken recent support/resistance and the trend line (bullish)
4) MACD has been showing positive momentum and is about to cross over
Result: Long
2) Short term downtrend, note the trend line slopping negatively
3) Price has broken recent support/resistance and the trend line (bullish)
4) MACD has been showing positive momentum and is about to cross over
Result: Long