Time to go long!!

1) A candle broke out and closed above the descending parallel channel.

2) The price has been consolidating above Fib0.0382 level for weeks.

3) The recent candles are sitting above EMA21.

4) EMA 21 is above EMA55.

5) EMA200 is running horizontally still but it is getting close to cross EMA55.


6) All momentum indicators are in the bull zone and still plenty to go before it hits overbought territory.

There might be a strong breakout to the upside.

It is time to go long.