- repeating a symmetrical triangle - volume coming in with price increasing - TP as projection
Several indicators within my algorithmic system are signaling a potential uptrend. These include: - Increased volume: Activity is picking up, suggesting growing interest and potential momentum. - Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory. These factors...
This counter is trading above the 2-50-200 EMAs with the RSI at the 50 level. With the flag formation, we are expecting a breakout for an uptrend continuation. A big candle with strong volume breaking 0.675 will signal the imminent breakout.
Trading above 20 - 50 - 200 EMAs. Watch for resistance breakout.