SKBSHUT 1D - Potential price movement analysisY wave, target (F) within stipulated range. Price still above up Kumo, if there is a strong momentum and the occurrence of a golden cross, then the potential for the price to continue upward will occur. The price needs to break turning point (B) and 52w high to reach the target price.
R1 - 1.00 (Kijun sen)
R2 - 1.06
R3 - 1.20 (52w high)
S1 - 0.915 (Senko span A)
Note:
1. Analysis for education purposes only.
2. Trade at your risk.
