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Strategy: BreakoutDowntrend Line and Gap Up
Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440.
Resistance: 0.440, after immediate resistance of 0.400
Support: 0.345, after the gap up support area of 0.360-0.370
If you found this idea is useful, don't hesitate to like and comment! :)
Strategy: BreakoutDowntrend Line and Gap Up
Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440.
Resistance: 0.440, after immediate resistance of 0.400
Support: 0.345, after the gap up support area of 0.360-0.370
If you found this idea is useful, don't hesitate to like and comment! :)
Trade closed: target reached
Hit immediate resistance in one day! Covered earlier since RM0.355!
Congrats members and students who followed earlier and profited :)
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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.
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.