Quick and simple thoughts - assuming you are looking for a short term trade Using the 4 hour candles, I like the following: 1. It is holding above the support at 88. 2. 8EMA looks like it may be setting up to overtake the 32 EMA (which would be positive) 3. RSI is looking ok.
Using daily candles - I would like to see the exact same 3 points as offered above:
I hope this helps, and by the way your other question that I still have to answer just simply involves deep thinking as there are an infinite amount of variables, so I will focus on a few to give you an idea...I hope this makes sense
