1. Price candle break out MA 200 on 17 Aug '23 give strong signal the price movement may change direction to bullish soon.
2. Price candle testing MA 200 on 13 Sept '23 and 18 Sept '23 to shake out weak retailers. Price candles maintain closed above MA 200.
3. GC (Golden Cross) MA 50 & MA 20 happen on 30 June '23 give another strong signal the price is build up the uptrend momentum and ready for bullish.
4. Price candle and MA 200+MA 50+MA 20 has aligned altogether give sign the price is ready for bullish.
5. Price candle has BO strong resistance (0.27) for the last 1o years. Price candle has reach immediate resistance and PB may take place to setup new support area close to MA 20/MA 50 line. Identified the Last Red Candle in this PB and wait for next candle the BO and closed above the Last Red Candle.
6. Two propose EP stated in this TA. 1st EP already happen. Right now Price candle has reach immediate resistance and PB may take place to setup a new support area close to MA 20/MA 50 line. Identified the Last Red Candle in this PB and wait for next candle the BO and closed above the Last Red Candle.
7. EW count analysis includes in this TA, main wave 3 is still far away to reach. Ample chances for EP available.
2. Price candle testing MA 200 on 13 Sept '23 and 18 Sept '23 to shake out weak retailers. Price candles maintain closed above MA 200.
3. GC (Golden Cross) MA 50 & MA 20 happen on 30 June '23 give another strong signal the price is build up the uptrend momentum and ready for bullish.
4. Price candle and MA 200+MA 50+MA 20 has aligned altogether give sign the price is ready for bullish.
5. Price candle has BO strong resistance (0.27) for the last 1o years. Price candle has reach immediate resistance and PB may take place to setup new support area close to MA 20/MA 50 line. Identified the Last Red Candle in this PB and wait for next candle the BO and closed above the Last Red Candle.
6. Two propose EP stated in this TA. 1st EP already happen. Right now Price candle has reach immediate resistance and PB may take place to setup a new support area close to MA 20/MA 50 line. Identified the Last Red Candle in this PB and wait for next candle the BO and closed above the Last Red Candle.
7. EW count analysis includes in this TA, main wave 3 is still far away to reach. Ample chances for EP available.