Taiwan Weighted Stock Index Daily (04.Oct.2014) Tech. Analysis
The Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following:
The TWII index has reacted from EMA 200. Now the Index is under the KUMO, has breached the Tenkan Sen and looking for Kijun Sen.
So the first think in mind is the case of a further reaction towards to KUMO. MACD is trying to bull and RSI are is looking higher.
There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern.
Long for Kijun Sen between 0.618 & 0.5 of fib. Stop loss under 9081.
The TWII index has reacted from EMA 200. Now the Index is under the KUMO, has breached the Tenkan Sen and looking for Kijun Sen.
So the first think in mind is the case of a further reaction towards to KUMO. MACD is trying to bull and RSI are is looking higher.
There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern.
Long for Kijun Sen between 0.618 & 0.5 of fib. Stop loss under 9081.
