Dear @TradingView ,
Today, I would like to share some observations regarding the S&P Composite index that highlight a repeatable market cycle. It is evident that this cycle consists of a 30-20 year period of Economic Growth, followed by a subsequent phase of 15-10 years characterized by Downturn or Sideways movement. By examining the historical data, we can...
It doesn't get more simple than looking at this Monthly Chart going back over a decade. You can clearly see the incredible uptrend and the True Strength Index, although having shown a bearish divergence since Jan.2022, the TSI has barely broken the Centre line and is now about to turn back above. This New Bull Market should last through to the end of 2014. Just...
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
The inflation situation right now impacted to Indonesia Stock Market, yet I think JKSE will eventually moving to a bear trend.
My personal view using elliott wave, JKSE will reach the area of 6050 - 6236 sooner or later.
DYOR
Jämför man vad som behövs för att återställa cykeln väntar en ca 70% korrektion.
De gulmarkerade är motstånd/stöd där vi kommer att röra oss ett tag till framöver.
DeFi Composite Index looks good for bullish continuation after regaining 50MA support.
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Current Price= 2365.6
Buy Entry = 2369.3 - 2343.5
Take Profit= 2444.6 | 2518.6 | 2616.1
Stop Loss= 2282.6
Risk/Reward= 1:1.2 | 1:2.2| 1:3.52
Expected Profit= +22.44% | +41.28% | +66.12%
Possible Loss=...
3T6 MONTH SWING TRADE SMGR!
BUY IF BREAK AND CLOSE ABOVE 8500!
SUPPORT = 7675 and CL IF CLOSE <7675!
SMGR or PT Semen Indonesia Tbk, commonly known as Semen Indonesia Group, is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik was the first state-owned company to go public on the Indonesia...
IHSG is now in wave 3. As long as the price doesn't break the support level at 5938, IHSG will finish this wave by the end of the year.
Support : 5938
Target : 6598-6675
DeFi index lost 50MA support that was holding the up-trend and finally broke bearish.
Now retesting the wedge, seems like retracement is in play short-term before resuming bullish again!
Current Price= 2476.9
Sell Entry = 2495.9 - 2616.9
Take Profit= 2263.2 | 1986.6 | 1790.0
Stop Loss= 2810.3
Risk/Reward= 1:1.15 | 1:2.24 | 1:3.02
Expected Profit= +22.94% |...
**Market Action DIscount Everything**
I got an idea based on price action analysis that JKSE (IHSG) would still maintain their bullish biases (momentum). We would see that the market formed a falling wedge pattern from 21st Jan of this year 'till this time, indicating that this market would make a continuation on their bullish trend. This signal was also...
symmetrical Triangle / Pennant
no more lower low and ready setup 6130 - 6260 - 6370 - 6480 - 6520 - 6630
wait for confirmation in moon phase at April 27th 2021 fot go to the moon finish December 2021 lower at 6800 mid 7000 - hi 7200
Hi,
Jakarta Composite Index (IHSG) has been on the downtrend for the last one month. If we look at the chart, we can find a double top which the support has been breached and become a resistance.
The Index has just tested the resistance and pull back which can signal a possible downtrend. The key points for a further down will be :
1. Covid 19 Vaccination has...
