The short answer is yes.
The longer one is a bit more complicated...
In my opinion, the chart looks extremely bullish.
We had a nice break-out and a retest.
At the moment: the price sits at a very important resistance, and between the 2 most important EMAs.
If we can reclaim the 50 EMA, then we will have a nice run-up.
However pay close attention to the volume, because it needs to be high when breaking out!
The longer one is a bit more complicated...
In my opinion, the chart looks extremely bullish.
We had a nice break-out and a retest.
At the moment: the price sits at a very important resistance, and between the 2 most important EMAs.
If we can reclaim the 50 EMA, then we will have a nice run-up.
However pay close attention to the volume, because it needs to be high when breaking out!
