MUDAJYA: Breakout Above Yearly-MA Line, Reversal of Trend?

Thank you for your continued support :)
Strategy: Moving Averages Formation
Bias: Bullish. Moving averages aligned. Breakout with retracement at key fibonacci level.
Stop-loss: The region between 0.365 and 0.385 as resistance becomes support, but volatility causes price to have candle shadows/wicks that violate into this region.
1st Target: 0.445
2nd Target: 0.540
Gentle reminder: Plan your trade and trade your plan. Peace out!
Strategy: Moving Averages Formation
Bias: Bullish. Moving averages aligned. Breakout with retracement at key fibonacci level.
Stop-loss: The region between 0.365 and 0.385 as resistance becomes support, but volatility causes price to have candle shadows/wicks that violate into this region.
1st Target: 0.445
2nd Target: 0.540
Gentle reminder: Plan your trade and trade your plan. Peace out!
Nota
Up to 22.08% gain from 0.385 to the high of 0.470, reaching our first target; congrats to those who profited :)Price closed at exactly the first target of 0.445, let's see how the trend will play out. Peace!
Dagangan ditutup: sasaran tercapai
Congrats to our members! Total of 41.56% in 14 days.Reached 2nd target: 0.54
Thanks for the support :)
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.