Price maintain above MA50 Small triangle is formed. MACD not yet buy signal. RSI is above 50 show some strength in the price. ADX is not yet buy signal.
Trading plan:
MYX:TAANN Buy price: 3.400 - 3.420 Cut loss price: 3.260 and below Cut loss percentage: below 5% Possible take profit: 4.270 Risk to reward: 5.31
Notes:
*The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade. *Due to bad market condition, the price might only move slowly.
Disclaimer: This is not a buy call. Only sharing of idea.