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Potential breakout on weekly time frame. A break above 0.014...

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    Potential breakout on weekly time frame. A break above 0.014 would start a new uptrend on medium term basis. If it cannot break over 0.014 then it may trend sideways for a while forming a base.

    Daily Bar Chart
    A break above swing point high 0.012 but could not get over resistance from swing point high 0.014.

    TV2 Daily Breakout 2017-06-23.png

    Weekly Bar Chart
    Already broken above downtrend line. Needs to break over 0.014 to start uptrend.

    TV2 Weekly Breakout Potential 2017-06-23.png

    Weekly Bollinger Band Chart
    A break above the top Bollinger Band.

    TV2 Weekly Bollinger Band 2017-06-23.png

    Weekly ADX-DMI Chart
    ADX is rising and starting to crossover DI-.
    DI+ is above DI-.

    TV2 Weekly ADX-DMI 2017-06-23.png

    Weekly RSI Chart
    RSI (14 week) has crossed above 50. If you look to the left of the chart you can see the result of previous crossovers above 50.

    TV2 Weekly RSI 2017-06-23.png
 
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