1. Price candle break out MA 200 on 15 Aug '23 give strong signal the price movement may change direction to bullish soon. 2. Price candle testing MA 200 on 12 May '23 to 14 Aug '23 to shake out weak retailers. 3. GC (Golden Cross) MA 50 & MA 20 happen on 15 Aug '23 is below MA 200 line. Price may PB to MA20/MA50 line to form accumulation area. 4. Price candle and...
As seen on the chart, trading volume on friday was traded above average which is at 187.46M compared to average volume which is 150.941M. This is a good sign because the candle closed on green. It also formed an ascending triangle pattern on 1H chart making a higher high and higher low. It touched 0.190 but failed to break the resistance. However, based...
Intraday trading on GFH, i was bit late for the entry but i managed to enter at 0.551. Price action is good at these levels we can target 0.558 as our first TP and 0.620 as second TP hopefully this should work out. Will keep you posted on this,. Happy trading!