Wait for a breakout for low-risk entry. (Just for research & learning)
Monthly chart - highest price is 1.370. Current chart outlook. (i am using 4H) Volume: Spiked on the 29/04. indicates major buying shares. PA: After creating HH, price consolidated. A high volume + sideway breakout is my key to enter. RRR: TP at 40-50%. CL at 10%~12% Best Entry: 0.400. Trade: Short to Medium ( 4 weeks to 6 weeks.) TAYOR.
Waiting triangle break out R1: 0.890 R2: 0.935
A buy signal in a green zone = strong bullish signal. Can GADANG continuously push its resistance to higher point? Let the chart talks.. The information provided here is an author's general opinion only and neither purports nor intends to be, specific trading advice. The information should not be considered as an offer or enticement to buy, sell or trade. Always...
1. VOLUME? WHEN TO INCREASE? 2. BULLISH DIVERGENCE SPOTTED 3. PRICE CROSS MA50, WAIT FOR MA200 FOR STRONG BULLISH MOMENTUM
0.885 is support 1. If momentum is strong enough, will break 0.905 and create a new channel and R at 0.965. 0.855 will be the next support if support 1 broken.