DSONIC, Another Potential Reload??
Unlike
KRONO
which posted quarterly results almost a month ago,
DSONIC
results could be coming soon, based on historical Q2 release dates between 24th to 30th Nov.
Similarly,
DSONIC
's price had also experienced technical correction, and the drop slowed as price approaches support zone. However, beware of #quarter_results_bomb which might cause volatilty in either direction.
Bias: Short term bearish, yet moving averages (MA) in bullish formation. Potential entry around 2nd MA, as well as whole number psychological support.
Stop-loss: 0.965
// Previous resistance zone could be new support. If this hypothetical support is broken, high chance of stronger bearish correction as 3rd MA is much further away. #QRBombWarning
1st target: 1.18
// Previous high as resistance. May have further bullish potential if resistance if broken. #breakout
Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!
Guys, if you like the idea, please "like" it, this will be the best thanks.
If you have any questions or trading ideas, please post them in comments!
Thank you for your support, we appreciate it.
We also offer coaching lessons, PM for details.
Public Telegram Group: t.me/joinchat/FXpO2RL3TjfLUGWscOFpOQ
Our Facebook Page: www.facebook.com/Shareworldconsulting/
KRONO
which posted quarterly results almost a month ago,
DSONIC
results could be coming soon, based on historical Q2 release dates between 24th to 30th Nov. Similarly,
DSONIC
's price had also experienced technical correction, and the drop slowed as price approaches support zone. However, beware of #quarter_results_bomb which might cause volatilty in either direction. Bias: Short term bearish, yet moving averages (MA) in bullish formation. Potential entry around 2nd MA, as well as whole number psychological support.
Stop-loss: 0.965
// Previous resistance zone could be new support. If this hypothetical support is broken, high chance of stronger bearish correction as 3rd MA is much further away. #QRBombWarning
1st target: 1.18
// Previous high as resistance. May have further bullish potential if resistance if broken. #breakout
Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!
Guys, if you like the idea, please "like" it, this will be the best thanks.
If you have any questions or trading ideas, please post them in comments!
Thank you for your support, we appreciate it.
We also offer coaching lessons, PM for details.
Public Telegram Group: t.me/joinchat/FXpO2RL3TjfLUGWscOFpOQ
Our Facebook Page: www.facebook.com/Shareworldconsulting/
Trade closed: target reached:
Congrats, target reached. Might do a follow up idea if further analysis warrants it.