Talismanxx

IHSG waiting for breakout/breakdown...

IDX:COMPOSITE   IDX Composite Index
Despite the fact that it had regular bearish divergence which usually suggest the reversal of a trend, IHSG at around area 65xx still hold strongly. As a result, IHSG now moving sideways at an area of FIB 0% and FIB 23%. This suggest that, below FIB 23% IHSG will turn bad while above FIB 0% will be good.


Also, HEIKEN ASHI which supposed to filter out the chart just turn green.
all indicator I use seems all good.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.