If price reached RM 0.28 monitor use daily chart to confirm short downtrend is over or not.
Please use 2-hrs or 4-hrs chart, if a decent green bullish candle formed, breaks the downtrend line, go long . Set your own profit risk ratio.
First profit target is 7830 Second 8300 Long at 7300
Bouncing from supportline? Good risk reward ratio to trade?
Score = 10/12 1) Structure- Price at previous high support, fib support. / 2) Trend- Uptrend. / 3) Strength & Weakness- No sign of strength on bears. / 4) Future Trend Setup- Breakout up to 0.01. / 5) Indicators- i) RSI- 62 Uptrend. / ii) 20EMA- Uptrend, price above. / iii) MACD Lines- Uptrend, >0. / iv) Histogram- Sideway, >0. X 6) VSA- Volume ) Less volume...