Looks like a good setup for continuation breakout.
1. Strong bullish candles on both daily and weekly timeframes.
2. Price rises above 8/21EMA on daily timeframe.
3. Price above 30wk MA and rising above 10wk MA on weekly timeframe- continuation breakout.
4. Accumulation on weekly volume.
5. Supertrend-Buy signal on both time frames.
1. Strong bullish candles on both daily and weekly timeframes.
2. Price rises above 8/21EMA on daily timeframe.
3. Price above 30wk MA and rising above 10wk MA on weekly timeframe- continuation breakout.
4. Accumulation on weekly volume.
5. Supertrend-Buy signal on both time frames.