IDX
Ready to BounceMy idea, price soon will be bounce. Good support at the square and dynamic support - blue line...
Just look at the chart. I think chart speak enough..
Taking profit as you want.. There's a red dot line as dynamic resistance..
SL if daily close inside
Do your own researh
Disclaimer On
Trade with your own decision
IDX 31st MAY 2022IHSG for the next 1 year, based on chart pattern analysis.
1. Macro resistance breakout at 6600 in October 2021, resistance area turns into support.
2. Retesting macro support area in May 2022.
3. Form a bullish channel pattern, with 2% support tolerance.
Technically if the price goes down then it will not be less than 6600.
Bullish target up to 7350-8000. This is my IDX trading plan, how about you?
IDX : CPIN Still in BIG SIDEWAYS 6000-6750CPIN Daily Chart Movement
CPIN is in rally after break the base resisten and multiple rejection, but there is a minor correction to support area 6050-6150 (Support / Multiple Rejection) or what we called it RE-TEST Support
After that the price will move to the next Resistance or Take Profit Area (6700 area)
Trend still on the Big sideways
Stochastic Momentum Overbought and thats mean there is a chance that the Rally will hold for a short time
Buy Area 6050-6150
Stop Loss Area 5950
Take Profit Area 6700
Disclaimer ON
Watch Price MovementGood consolidation.. Nice demand..
My options for long
1. Wait when price breakout white trendline... SL 2820 daily close.. TP 3090-3500
or
2. Averaging.. 3 times... a. at market price, b. 2700, c. 2520 ..
SL price breakdown 2440 daily close.. about 9%
Disclaimer on.. DYOR
Buy and sell at your own decision...
2 Options, Wait for Breakout - Or Wait for SupportOption buy when price meet these conditions, break for resis fib0382 and break for white dynamic trendline.. You can put SL below fib0236 about 246 daily close... Taking profit 282-298
or if price goes down, you can put limit buy at 246-250.. SL at fib0 230 daily close..
Good RR ratio...
disclaimer ON... Do Your Own Research..