This chart is potentially to make Head & Shoulder pattern. Be prepared for the drop moment!
Teknikal Analaysis - Chart uptrend menunjukkan confirmation Higher High Lower Low. - Bounce EMA 50. - MACD cross signal da timbul. - Volume masih nampak ada demand. LETS GO!.
1. Sudden increase in volume 2. Formed tight price near the EMA 20 & EMA 10 3. Buy signal : price above tight area + significant volume
A clear picture overview picture to review and case study...
Undergoing 3rd cycle 1st TP: 3.25 2nd TP: 3.42 1st support: 2.34 cut loss: 2.20 *Can use MA 60 as the short-middle term trending.
buy 2.44 tp 16% SL -8%..... just my prediction this have no much confident.
Passing FH @ RM 1.355 and Transition @ RM 1.80 so should we chase for it although Big Player(s) remained strong. Let's wait for the next trigger action signal...