RSAWIT - Another Plantation Counter Formed bullish harami
Written By Unknown on Thursday, 4 October 2012 | 9:12:00 pm
Indicators
1 ) Trendline - Below the down trendline (Bearish)
2) Support/Resistance - Formed lower Low (Bearish)
3) MACD - 3R1G (Bullish )
4) RSI - inclining and testing the 30% (Slightly Bullish ) .If break the 30% it will indicate more bullish
5) STO -Bullish crossover and inclining (Slightly Bullish) .If break the 20% and it will indicate more bullish
6) Ichimoku - a) Below resistance cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick BUllish Harami ( Bullish).
Conclusion:
Bullish -
Entry Price at 0.945
Stop Loss at 0.89
Take Profit at 0.965
Risk to Reward Ration ( RRR) = 0.36 (Risky)
Entry Price at 0.945
Stop Loss at 0.89
Take Profit at 0.99
Risk to Reward Ration ( RRR) = 0.82 (Slightly Risky)
Entry Price at 0.945
Stop Loss at 0.89
Take Profit at 1.06
Risk to Reward Ration ( RRR) = 2 (Rewarding)
Labels:
RSAWIT
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