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JayShawn_SGX

DBS - Breaks trendline

Short
DBS (SGX:D05)  
JayShawn_SGX  
SGX:D05   DBS
Trend Analysis Chart Patterns Technical Indicators
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4
2
trendanalysis chartpattern indicator
Breaks trend line and stay below Ribbon indicator.
Banker's chip reduced.
Banker's Moving Average heading down about to cross below Retail Moving Average (Deadly cross)


Comment:
snapshot
Still no sign of reversal.. Good thing is bearish candle is narrowing with volume getting smaller... Might indicating that selling getting weak

See if the support can protect the price from dropping further..

Related Ideas

JayShawn_SGX
DBS breaks support. Expose 19 Zone.

Comments

ForexTradingSchool
hi can u share more about the banker chip indicator?

I think that DBS will go higher
DBS a long trade to enter
Reply
JayShawn_SGX ForexTradingSchool
@ForexTradingSchool, I think it will eventually trend higher.. Currently just doing some pullback..

Here are some info about the indicator..
MCDX Plus
Reply
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