ETH/MYR - APPROACHING DEMAND ZONE
Happy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe.
So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this opportunity.
1> wait for a pin candle to form with higher volume compares to the average.
2> price action of the candle react a bullish divergence in oscillator indicator within the PRZ.
3> put an order after the price piercing thru the dash trend line.
4> go for the 1st target price of MYR 13669.05.
Just in case the the plan does not happen if the price breach below 7188.74 region, this opportunity will be consider void. We shall see.
Signing Out.
So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this opportunity.
1> wait for a pin candle to form with higher volume compares to the average.
2> price action of the candle react a bullish divergence in oscillator indicator within the PRZ.
3> put an order after the price piercing thru the dash trend line.
4> go for the 1st target price of MYR 13669.05.
Just in case the the plan does not happen if the price breach below 7188.74 region, this opportunity will be consider void. We shall see.
Signing Out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.