Bullish- Monthly already have 5 wave.
- Weekly already have 5 wave, in wave 5 monthly (wave in wave)
- Might have some correction in the blue box for wave B or wave 2.
- If exceed 0.580, target price will be in the red box (between 0.615 - 0.720)
CORAZA trade ideas
CORAZA, Capitalsahamplus Algo TradingSystem Remisier CheDinThe current point exhibits upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
CORAZA- Fresh breakout major downtrend
- Noticed volume coming in
- Expect to retrace
- Tp as projection
CORAZA- Fresh breakout major downtrend
- Have a buy signal/purple diamond
- Awaiting for blue candlestick to swing
- TP as projection
CORAZA may up because of divergence?Price getting lower. Possible for positive divergence take over and lead to new uptrend soon?🤔
We will know soon.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
CORAZA (Day) - still redIt yet reach bottom at this moment.
Don't try to catch the falling knife 🔪 by become daredevil to buy on RED.
Low can become lower.
Price action telling us the next move.
Especially the price fall below "sea level" (EMA line), which means it is not in favour of buyer.
Price already Red, sea water (blue cloud EMA line) unable to stop it. So, just let it red until cross over YELLOW cloud (EMA line.
Yellow merelly money 💰 💰 n Gold 🪙⭐
Wait for confirmation of reversal.
Just my way of trading 😏
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Is CORAZA Start for Another Rebound?Based on weekly chart, Coraza shows a rebound from the trendline which forming higher low. Then, todays (2/6/2023) pattern is quite the same as 21 November 2022 pattern and there maybe a possibility for the stock to move higher.
Waiting for rebound on trendlineIf price rebound away from trendline, we are looking for another long wave. TAYOR.
CORAZA: breakout DTLBreakout downtrendline + Rally base rally
Price also breaks LH 0.72.
Demand 0.655-0.7.
Lets monitor closely!
*Personal opinion trade at your own risk*
CORAZA - Heading to Wave VThe stock has likely done its wave IV correction with expanding flat pattern, and likely moving to wave V.
CORAZA - Chart Pattern AnalysisCORAZA break out Pennant Pattern with more than average volume (at the time this idea is posted)
Short term potential target price @ 0.980 (X1:X1)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
FIBO EW analysissimple extended flat correction pattern.
on weekly tf, can see it make hammer candle with extended from lowest wave A
CORAZA 21/01/2022 12:30pm 15min ChartCORAZA 21/01/2022 12:30pm 15min Chart
Immediate resistance:
0.670 / 0.650
Support
0.640 / 0.625 / 0.600
