On the weekly chart.. Price action is all above the Moving averages.
From DMI also look bullish, DMI+ spikes up above DMI- indicate a bullish trend. Keep in mind that DMX is still below 25 which is very low momentum strength for now.
it also possible it would broke the short term trendline within the symmetrical triangle and retest the yellow trendline below.
see the price value for the expected support also resistance.
DMI
As long the price action above the trend line extending yellow line. i think it will doing just fine.
this chart invalidated once it broke the yellow trendline or prolonged sideway
Peace.,
From DMI also look bullish, DMI+ spikes up above DMI- indicate a bullish trend. Keep in mind that DMX is still below 25 which is very low momentum strength for now.
it also possible it would broke the short term trendline within the symmetrical triangle and retest the yellow trendline below.
see the price value for the expected support also resistance.
DMI
As long the price action above the trend line extending yellow line. i think it will doing just fine.
this chart invalidated once it broke the yellow trendline or prolonged sideway
Peace.,