mg6112

mg6112 Updated 

The price is above the 'kijun sen,' which acts as support, and the 'tenkan sen' as resistance. The price is also above the up kumo at the moment. Does the market have the strength to push the price up and reach the Fibonacci levels recorded on the chart? (E) needs to be achieved within the stipulated time. All the analysist based on price, wave & time...

mg6112 Updated 

A golden cross has occurred above the up kumo, and the price has also crossed the downtrend line. The levels E, N, and NT are estimates that are expected to be reached based on price, wave, and time theory. Note: Analysist for study purposes. Trade at your own risk.

mg6112 Updated 

A golden cross occurred a few days ago. Does it have strong momentum for the continuation? Currently, the price is above the Tenkan-Sen, Kijun-Sen, and Kumo. The analysis is based on the N wave and the N, V, & E levels. The nearest resistance is at 0.6, and needs to breakout this resistance to reach the targeted levels. Note: Analysist for study purposes. Trade...

mg6112 Updated 

The chart shows a P wave pattern, and the price is almost reaching the P wave target (E) but rebounded at the 0.735 level. The price needs to breakout the turning point (D) to continue rising and to reach the Fibonacci levels as targeted price. Candlestick is above the "Kumo" but the death cross might occur if price continue downward.

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There was a price decline last week. The price also surpassed the Fibonacci levels plotted on the chart and closed near the last Fibonacci level. A Y wave seems likely to occur on the chart. If strong selling pressure occurs and surpasses the levels of 2333.17 and 2303.55, then (E) is the target price to be reached within the specified time. The chart also shows...

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Does it have strong momentum to make a new 52-week high? The last trading day showed decreasing volume compared to previous days. The study uses the N wave along with the E, N, and NT targets. The price needs to break the 0.330 level to continue the rise, along with high volume. Tenkan-Sen serves as the nearest support and 0.330 as the nearest resistance. Note:...

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N wave - NT reached target. Expecting V, N & E to reach target within stipulated time. At this moment, price is above Tenkan Sen, Kijun Sen and Kumo. Closed at 52w High and price need to break 0.4 to reach all the target. Note: Analysist for study purposes. Trade at your own risk.

mg6112

Analysist with Fibo sequence. Price seem hovering around level 14.4 & 8.9. To look for smaller TF for entry opportunities. Note: Analysist for learning purposes. Trade at your own risk.