Bottom build up (higher high & higher low) is completed, and price is already above MA5, 10, 20 and 60.
Last friday closing, its price has slightly drop but the bullish trend is still going unless the price is unable to cross @0.84.
There has a resistance at 0.84 level and consolidation between 0.81 to 0.84 which is also a resistance...
If volume decrease price will rebound nearly at 0.935-0.97 but if volume increase TP = 1.30/1.63/2.16.
The idea is just for educational purpose only.
Disclaimer: TAYOR
MAHSING completed Wave 4 @ 0.86, and its making its way for Wave 5, if moving within the parallel channel, could end up at around 1.87.
A good entry would be a breakout resistance 1.04, with support zone of 0.86-0.91, and Resistance of 1.26 (RRR 1:2), 1.44 (RRR 1:3.4)
Volume is still good, but not good enough to push it higher at the moment. Banker chip is > 50%...
