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SCUSD BREAKOUT - LONG SET UP AND S/R

Beautiful resistance trendline breakout with volume. Look how EMAs try to cross bullish. We have all the indicators on daily on the bullish side:

- MACD signal line crossing ZERO upwards.
- RSI over 50 after a long time. Now we look to RSI instead of stoch, because ADX is on trendy side.
- ADX DI+ is dominating in an bullish trendy way.

We have our green rectangle support area confluence of: EMA + Fibonacci level + S/R
We have our resistance red rectangle (ultimate target) confluence of: FIBONACCI + S/R + EW.

Not advice, It's just my journey! have a nice Sunday.

EstebanH

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EstebanH