GFM - TA

Telah dikemas kini
1. Price candle break out MA 200 on 15 Aug '23 give strong signal the price movement may change direction to bullish soon.
2. Price candle testing MA 200 on 12 May '23 to 14 Aug '23 to shake out weak retailers.
3. GC (Golden Cross) MA 50 & MA 20 happen on 15 Aug '23 is below MA 200 line. Price may PB to MA20/MA50 line to form accumulation area.
4. Price candle and MA 200+MA 50+MA 20 line not yet align, expected a PB will happen soon and price candle may move in accumulation area to get MA line align together.
5. Price candle need BO strong resistance (0.210-0.215) to gain upward momentum.
6. Propose EP area stated in this TA. All MA line need to align first before decide on EP.
7. EW count analysis stated in this TA including with sub-wave count. TP for sub-wave iii is on area Fibo 1.618 (0.270) and TP for main wave 3 is Fibo 1.618 (0.34)
Dagangan aktif
Current price candle BO the last red candle closed above 0.200. Suitable EP for trader that prefer entry on support.
Nota
Current price candle in support area. Good time to look for good entry.
Chart PatternsfbmklciGFMTechnical IndicatorsTechnical AnalysisWave Analysis

Penafian