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Uncertainly looms but a possible winner?
BUY
- Best entry was the breakout at 1.56
- Observe for a few more days for a suitable entry since there are long upper and lower shadows – high volume and long lower shadow indicates strong buying
- SL for next entry is around 1.63
SELL
- It’s a bull – let it run and nail down profits accordingly
RATIONALE
- Breakout after the 50d base with sufficient volume
- ATH – high will go higher – manage risk accordingly
- Went back into the parallel channel
**the analysis is solely for my own references and learning
- Best entry was the breakout at 1.56
- Observe for a few more days for a suitable entry since there are long upper and lower shadows – high volume and long lower shadow indicates strong buying
- SL for next entry is around 1.63
SELL
- It’s a bull – let it run and nail down profits accordingly
RATIONALE
- Breakout after the 50d base with sufficient volume
- ATH – high will go higher – manage risk accordingly
- Went back into the parallel channel
**the analysis is solely for my own references and learning
Nota
fell out of the channel - sell - look for reentry after another building of base
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.