Greetings.
Here is my update on the technical review on MRCB written on 29th Oct. (Link - )
1. Based on the previous report / analysis, the accumulation ranged spotted is between 0.68 – 0.72.
2. This actually gives a good risk:reward ratio for a trade.
3. Today the price reached a high of 0.755, a gain of 8% from the last report.
4. The Fibonacci key levels...
Greetings to all.
This is my technical review on MRCB.
1. Formation of cup and handle spotted
2. Two crucial support found at 0.675 and 0.70.
3. Accumulation seen around 0.68 – 0.72
4. I will take this opportunity to buy at support.
5. Yellow candlesticks now appeared (a sign of trend weakness), therefore I will cut strictly if price fell below 0.675.
This...