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KRONOLOGI ASIA BERHADKRONOLOGI ASIA BERHADKRONOLOGI ASIA BERHAD

KRONOLOGI ASIA BERHAD

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KRONO trade ideas

KRONO Target LongAs we can price already breakout TL H4 . Looking for buying opportunities if they are reversal sign ,buying structure form at lower TF or compression near to support area. To be safe wait until price reverse back to the breakout area before enter market, TP at nearest resistant and SL after break support. **Disclaimer This account is my personal journal in Stock and Forex . It is for my learning purpose and keep track ONLY. TRADE IS HIGH RISK, THINK WISELY BEFORE ENTER MARKET.
MYX:KRONOLong
by AlphaMode
KRONOLOGI ASIA BERHAD (3-JAN-2021)The second C&H pattern is about to complete. The price is now being traded above the rising combined 20&50-day EMA since 13 Nov 2020 and this combined EMAs also has crossed above 200-day EMA on 16-Dec-2020 which indicates a potential bullishness in the future, which is further strengthened by the green cloud kumo. It is noticeable that since 5-Nov-2020, the SmartMCDX indicator demonstrates that the institutional fund managers have been accumulating. The momentum is still rising despite the STO indicates overbought area but there is no divergence signal between the oscillator and price action. Enter position if price breaks above 0.725 supported by high volume which can unleash strong upside. Next R/ TP: • 0.845 • 0.870 • 0.96 Support: • 0.665 • 0.645 (50-day EMA) • 0.605 (200-day EMA) Note: This trading idea is for educational purpose only and not to be construed as a buy call. The mantra of TAYOR and caveat emptor shall apply.
MYX:KRONOLong
by Hassan_Abdullah