Perisai formed a symmetrical triangle

Perisai slowly testing the resistance of 1.06 and hopefully with good market sentiment will assist it to break above it..

Indicators

1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R3G (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 - Matching High. ( Bearish ).

8) Pattern - Symmetrical Triangle with declining volume. What is that.. Click here for info..

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)

E ( Entry) :1.08 ( Closed at or above it)

S ( Stop Loss) : 1.04  

P ( Profit) :1.21 (Breakout Symmetrical Triangle)

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