1. Span A over Span B indicating uptrend
2. Tenkansen above Kijunsen
3. Price above Tenkansen and Kijunsen
4. Price has retraced back to its 100% Fibo level of 2.23
5. Prices above the cloud for four trading days already
6. Buyers in Control.
Possible for Matrix Concepts to breach the 2.32 level (1.618 Fibo level)
2. Tenkansen above Kijunsen
3. Price above Tenkansen and Kijunsen
4. Price has retraced back to its 100% Fibo level of 2.23
5. Prices above the cloud for four trading days already
6. Buyers in Control.
Possible for Matrix Concepts to breach the 2.32 level (1.618 Fibo level)
Trade active:
Updated 11/1
1. It has reached new high of 2.30, two sen away from its 1.618 Fibo Level.
2. Chikou Span far from cloud
3. Tenkan above Kijunsen
4. Price moving higher from cloud
5. Buyers in Control
Matrix Concepts will likely breach 2.32 to head to 2.45 (2.68 Fibo) and if it does, it will have hit its all time high
1. It has reached new high of 2.30, two sen away from its 1.618 Fibo Level.
2. Chikou Span far from cloud
3. Tenkan above Kijunsen
4. Price moving higher from cloud
5. Buyers in Control
Matrix Concepts will likely breach 2.32 to head to 2.45 (2.68 Fibo) and if it does, it will have hit its all time high
Trade active:
Updated 20/1
1. Price trading between Tenkan and Kijun, indicating a minor correction after such as long rise
2. Price above a bullish Kumo. Until it returns to the Kumo, Matrix is still is a bullish uptrend
3. Buyers still in control with formation of a dragonfly doji yesterday. Could it be the sign that Matrix will from now move to a new level? Look for confirmation today.
1. Price trading between Tenkan and Kijun, indicating a minor correction after such as long rise
2. Price above a bullish Kumo. Until it returns to the Kumo, Matrix is still is a bullish uptrend
3. Buyers still in control with formation of a dragonfly doji yesterday. Could it be the sign that Matrix will from now move to a new level? Look for confirmation today.