Indicators
1 ) Trendline - Broke above the down trendline (Bullish )
2) Support/Resistance -Formed double hammer on the supports.. If rebound will indicate a higher low which it is bullish signal..
3) MACD - Formed 4R1G (Bullish )
4) RSI - Broke below 30% (Bearish)
5) STO -Bullish Crossover (Bullish ) .If rebound from 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 - Formed double hammer and waiting for bullish continuation confirmation after a white candle
Conclusion:
Bullish -
Entry Price at 0.93
Stop Loss at 0.90
Take Profit at 0.95
Risk to Reward Ration ( RRR) =0.67 (Risky)
Entry Price at 0.93
Stop Loss at 0.90
Take Profit at 0.97
Risk to Reward Ration ( RRR) =1.33 (Average)
Entry Price at 0.93
Stop Loss at 0.90
Take Profit at 1.06
Risk to Reward Ration ( RRR) = 4.33 (Rewarding)
Resistance - 0.925 / 0.945 / 0.96 / 0.99 / 1.00 / 1.02
Bullish -
Entry Price at 0.93
Stop Loss at 0.90
Take Profit at 0.95
Risk to Reward Ration ( RRR) =0.67 (Risky)
Entry Price at 0.93
Stop Loss at 0.90
Take Profit at 0.97
Risk to Reward Ration ( RRR) =1.33 (Average)
Stop Loss at 0.90
Take Profit at 1.06
Risk to Reward Ration ( RRR) = 4.33 (Rewarding)
Resistance - 0.925 / 0.945 / 0.96 / 0.99 / 1.00 / 1.02
Support - 0.905 / 0.86 / 0.835
pls advise on Rsawit....can start accumulate...?
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