Indicators
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish)
4) RSI - Broke above 50% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 20%(Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Bullish Engulfing with a black candle. ( Bullish).
Conclusion:
Bullish -
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish)
4) RSI - Broke above 50% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 20%(Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Bullish Engulfing with a black candle. ( Bullish).
Conclusion:
Bullish -
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.11
RRR (Risk to Reward Ratio) = 0.75 (RISKY)
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.13
RRR (Risk to Reward Ratio) = 1.25 (Average)
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.18
RRR (Risk to Reward Ratio) = 2.5 (Rewarding)
Resistance 1.11/ 1.15 / 1.16/ 1.2 / 1.23 / 1.25
Support 1.06 / 1.02 / 0.995 / 0.97 / 0.93
STRONG BUY TIGER will break 0.50 and go rm1 like harvest...volume supports this theory BY 15 november it will be RM1...
ReplyDelete