The bullish features include the placement of a new
uptrend line starting from the low near 71 in December 2016.
The third feature is
the uptrend line starting from 2016 February.
This uptrend line starts in 2011, October.
Not exact matches
The third factor is the
uptrend line that
starts from the anchor point near $ 43 in June 2017.
This
starts from the low of December 2016, but the second anchor point for the
uptrend line does not appear until January 2017.
For a bullish trend (
uptrend) you will
start by identifying the lowest low then proceed to draw a
line that crosses through the next higher low.
We are now watching this market to continue rotating lower, as it
started to late last week, so we can watch for price action buy signals within that 108.15 — 107.35 zone to get long and trade in -
line with the near - term
uptrend.
The gold dotted
line in chart below is when we
started the AutoTrader,
starting it in downtrend or
uptrend you will catch the trend change.