Price has broken the wedge on the weekly chart with a bullish engulifng singaling buyers are in control. As with every bullish move there is an exhaustive phase where price will come back down to retest the wedge and support before making another move to the upside.
Enter long once price has tested support once we have a break and re test of the counter trend line.
Enter long once price has tested support once we have a break and re test of the counter trend line.