VSOLAR triggered based on MRV1 on closing 18 Dec 23Buy signal triggered based on MRV1 setup at RM0.145;
20% target at RM0.175; stop loss at RM0.130;
2-3 months due to the signal based on the daily timeframe. The first buy signal comes after a major waterfall. It could be price movement messing with the reading, but it should be fine after a little bit of chaos in momentum reading after consolidation in late May.
**Only for discussion purposes. Not a buy / sell call.
VSOLAR trade ideas
potential long overall , major trend is downtrend
1:1 double top has reached its target
however, buyers seems to take control as price making higher low recently.
can buy at trendline support or horizontal support
cutloss is needed when price breaks below 0.015
1st tp 0.382
2nd tp 0.618
break 0.255 , kerajaan langit ayah pin !
EASY123 Prediction @MYX VSOLARPrediction: Bottom Fish (Rally when it breaks 0.06)
Target Price: R1=0.07-0.075, R2=0.095-0.11, R3=0.13-0.15
Support/Cut Loss: S1=0.04, S2=0.03
*Trend direction: Bottom Rebound - Bottom Divergence
*Price hoover and supported at 0.03 with Green-Upward-Triangle on 22-Oct, an indication of the bottom signal.
*Price breaks out our Lifeline (Redline) and stays above, an indication of an uptrend.
*White-diamond has appeared on 02-Nov, an indication of the strong buying momentum.
*Yellow-candle appeared on 09 &16-Nov, an indication of the potential Rally take-off soon.
*Disclaimer: This is not a Buy or Sell suggestion but solely sharing the information...Trade at your own risk.
*Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it.
*If you are interested in our trading template. Feel free to drop us a message, we are happy to share with you.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Uptrend
*BT-Yellow-Diamond = Bottom reversal signal.
*Green-Upward-Triangle = Potentially a Bottom signal.
*White-Diamond = Strong upward momentum accelerator.
*White-Candle = Turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Potential Price take-off area.
SELL Signal:-
*Red-Background = Downtrend.
*Red-Dot = Potentially a Top signal.
*Blue-Candle = Potential price selling off area.
End of accumulation?In WTF, we can see previous pattern head and shoulder already complete with price break the neck line.
Now, the price already done accumulate 6 weeks with 3 weeks straight doji then the price move up.
Indicator also showing the movement of momentum in line with price.
DTF, the EMA almost trigger the cross but the stoch in OB side.
The idea to enter is, let the price create for a few days first and and stoch move below 80.
The EMA will cross later on then the EP can be made.
TAYOR. If you have a nice or comment, don't hesitate comment below.
Your idea and knowledge will help us more in learning this market trend and movement.