One can take a long position at TAWIN as it rebounds from fibo618 at spotted in its weekly chart. The proposed retracement EP is 0.085 and the TP is 0.125 which is the pivot point, demand zone and fibo382. If trade goes against the trade plan, exit below 52-week low at 0.070.
jangkaan paling lama 1 bulan 15 hari..
memecah resistan kali ke empat (4)
jika berjaya, maka akan mengejar resistant seterusnya..
pembelajaran Ilmiah..
semoga bermanfaat.
12345 impulse wave up. Currently in wave 5.1, expect a slight correction then further move upwards. Fundamentals not as strong, please do your own due diligence. This is merely a sharing of idea and in no way predicts the future performance of the company or those who follow this idea. Thank you.
TAWIN is spotted forming chart pattern with Cup and handle. There is possibility forming another Handle highlighted in Blue if the Red handle fail breakout with convince volume.
Will it breakout from R1?
If it could, will towards FB 0.768 R2 and FB 1.0 if momentum continuing!
The idea is for sharing, discussion, and education purposes, not for buy nor sell calls.
Trading at your own risk!
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Based on volume triggered and the pullback from retracement, TAWIN is now on an uptrend mode. Stochastic has crossed from oversold territory to the bullish side. I'm expecting Tawin to test the near resistant line @0.225 in short term.
TAYOR!
