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*The Trend direction: UPTREND - as Higher-High & Higher Low was observed (Green background region).
*The price has closed above our lifeline (Redline).
*Bottom signal was sighted on 26-Mar.
*Turning points (Purple-candle) have appeared on 31-Mar & 08-May, a strong indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 31-Mar, an indication of the strong buying momentum.
Prediction: The current price will revert to test the immediate resistance 0.605 in order to take-off to the next level.
*Otherwise, it will move around within a range between 0.605 - 0.50
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.63-68- & R2=0.73-77
Support/Cut Loss: S1=0.49 & S2=0.40
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*Purple-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.
SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.
*The Trend direction: UPTREND - as Higher-High & Higher Low was observed (Green background region).
*The price has closed above our lifeline (Redline).
*Bottom signal was sighted on 26-Mar.
*Turning points (Purple-candle) have appeared on 31-Mar & 08-May, a strong indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 31-Mar, an indication of the strong buying momentum.
Prediction: The current price will revert to test the immediate resistance 0.605 in order to take-off to the next level.
*Otherwise, it will move around within a range between 0.605 - 0.50
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.63-68- & R2=0.73-77
Support/Cut Loss: S1=0.49 & S2=0.40
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*Purple-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.
SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.
Trade active:
It is now moving sideways within the range of 0.59-0.53 and formed a BOX pattern.
Trade maintains active as uptrend remained intact.
Once it breaks out from the BOX (0.59-0.605) it will be rallied to the next resistance.
Exist trade when price breaks the critical support lines.
Good luck & Happy Trading!
Trade maintains active as uptrend remained intact.
Once it breaks out from the BOX (0.59-0.605) it will be rallied to the next resistance.
Exist trade when price breaks the critical support lines.
Good luck & Happy Trading!
Trade active:
Today is a Good day? I believe so.
After the long collection sideways...Now it resumes its rally.
Hold on your seat and fasten your seatbelt. Looking for 2 folds return, this is the one!
Trade on your own risk!
Good luck & Happy Trading!
After the long collection sideways...Now it resumes its rally.
Hold on your seat and fasten your seatbelt. Looking for 2 folds return, this is the one!
Trade on your own risk!
Good luck & Happy Trading!
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Join our Automated Signal Alert System channel for KLSE.
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