Hey Rick, I'm generally trading rounded bottoms of late, So the 20sma, 34 ema and 50 ema on the weekly chart. When the 20sma and the 34ema break above the 50sma,( circled in blue) my target is the 200sma.( yellow line) ( see PPL weekly chart the purple box is a supply zone from the daily chart...so I'm watching that as well) I keep an eye on the weekly and if all is still in order I swing trade it on the way up. I find my entry for my trades with the 2 ema and 6 ema on HA,( See the ONE 1 min chart ) keeping an eye on the slow stochastic,( Overbought and oversold) Also you'll note the lack of lower wicks on the one chart.between the BUY and the Sell...if it had put in a dojo I would sell.
