Amedia Currently Rebounding From 20D Ma Support

Amedia Retrace to the 20d Moving Average Support Yesterday and currently rising to 1.07. If stay at this form it will formed a bullish harami attack..

Indicators
1 ) Trendline - Broke below  Uptrendline ( Bearish)
2)  Support/Resistance - Formed Higher High (Bullish)
3) MACD - (Bearish)  . If 4R1G occur potential bullish reversal
4) RSI - Retracing toward 50% ( Bearish)
5) STO - Bearish Crossover and retracing toward 50% ( Bearish)
 6) Ichimoku -  a) Price above support cloud (Bullish).
                          b) Conversion line above the base line (Bullish).
                          c) Price above the baseline ( Bullish)
7) Candlestick Pattern : Formed bullish engulfing above a hammer ( Bullish)


Conclusion:
Bullish 
 

E ( Entry) : 1.07 ( Ensure closed above this price)

S ( Stop Loss) : 1          

P ( Profit) :  1.12

RRR (Risk to Reward Ratio) = 1.4 (Slightly Rewarding)

 

E ( Entry) : 1.07 ( Ensure closed above this price)

S ( Stop Loss) : 1          

P ( Profit) :  1.28

RRR (Risk to Reward Ratio) = 1.4 (Slightly Rewarding)

Resistance at   1.12 / 1.31/ 1.42
Support at    1.01 / 0.95 / 0.81