PRICE HAS BROKEN THE RESISTANCE R1, AND NOW HEADING TO THE CRITICAL LINE BETWEEN 0.16- 0.75 TO CLOSE PRICE GAP (0.160)
IF PRICE CAN CLOSE BETWEEN THE CRITICAL LINE, AND COVER THE GAP, THE PRICE MAY CONTINUE SOAR TO A NEW TARGET 0.200
Based on the chart, price trying to break resistant at 0.135 for the past 2 months. Since "3 white soldier" already appeared, believe price to break the resistant. Can monitor closely. Feel free to give your taught in comment. Thanks :)
This week, price has reached the entry price between (0.120- 0.125), price might reach R1 at 0.13, and if the resistance broken, price can spike into a new 6 month high, anyway this counter is relay on brent oil price,
Harga bergerak di dalam ‘consolidation phase’ yang mana membentuk ‘bearish flag pattern’. Secara teori-nya, harga akan menuju ke bawah.
Walau bagaimanapun, ini adalah analisis peribadi penulis. Sila berdagang mengikut pelan dagangan anda.
Trade at your own risk .
Kaunter ini sesuai untuk dijadikan invest meskipun belum bergerak kerana terdapat sentimen covid19. Sekiranya vaksin sudah lulus dan selamat digunakan pasti kaunter ini dan kaunter2 minyak yang lain akan bergerak. Line putih boleh dijadikan TP.
As expected, price already closed the gap and breakthrough ascending triangle pattern after a very long choppy market. We can see strong bullish momentum right now as the buyer starting to participate in the market. What we need to do is to wait the price retrace back to the previous breakout pattern as a confirmation to buy entry. I forecasted the price will...
