DNEX trade ideas
DNEXAlgo TradingSystem by Remisier CheDin
The current market conditions, as identified by my algorithmic system, indicate potential upward signals. These signals include increased trading volume, an upward trend with prices above the EMA20 and EMA50. Consequently, the present conditions suggest a possible upward trend.
It's crucial to remember that trading strategies account for only 10-20% of your overall trading success. The majority of your success depends on effective risk management. This involves having a well-defined trading plan and appropriate position sizing, which are essential for maintaining the right trading psychology. Master your risk management and trade according to your plan.
DNEX 6.6.23 Analysis Potential For LongDNEX has been pushed as high as 0.52. On 6.6.23, correction is happening. Low risk Traders can wait at reverse fib level 0.5 at price 0.445 or 0.382 at price 0.425. High Risk traders can enter from range price 0.48 or 0.49 if price momentum maintain above 0.48.
TP target price 0.615.
Good luck traders.
DNEX - Continuous patternPrice has gone uptrend since the last time it broke the trendline on 20/07/2022.
We are expecting short retracement before it continues another rallies for DNEX.
Potential entry:
1) RM0.78 - RM0.80
2) RM0.76 - RM0.77 (Best entry for long-term)
Resistance:
RM0.86 / RM0.91
Support:
RM0.725
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
DNEX on spotted in volatility reversal at EW ABC corrective zoneDNEX spotted in volatility reversal above its daily PoC. Dnex has also completed the EW ABC corrective zone's 5 sequence. If seen in weekly chart, DNEX has rebounded slightly above fibo50 and also from the monthly PoC. Quick exit at 0760 if price goes south. TP levels at fibo levels in daily chart.
DNEX DAGANG NEXCHANGE BHD 4456 analysis bursa saham MalaysiaShort term analysis:
Dnex breaks above trendline again after 4-days of pullback from 11-Jan.
Today indicator Banker Chip Pro (MI04) appears Banker Pump (purple bar) indicates possible of continuous bullish trend, but beware of overbought reversal.
It will be a plus sign if indicator Long Short Momentum (MI06) keep in Green bar showing still under bullish trend.
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Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.