MDKA trade ideas
Merdeka Copper tbk sideway to bullish or back to bearishMDKA forming sideway with a lot insidebar in within mother candle after created reversal pattern - double bottom, now minor bullish trend will be tested once again
Confirmation of this sideway only will be happened when price action breaks up the highest of mother candle (3.470) or breaks down from the lowest of mother candle (3.290) , sideway area is drawn by orange box
trader could buy on breakout (3.480) or stoploss at 3.280
MDKA Buy Speculation Analysist 30th May 2023MDKA is in down movement, probably gonna make price retracement (price probably at a support area right now).
Probably willing to buy in 3030 - 2800 area (average down recommended).
MDKA have probability to go down to 2770 (Stoploss when price hit 2770 or below)
Target Profit at 3600 (or take profit when 10% profit).
THIS IS FAST TRADE, so you can TP when you get 10% profit minimum.
Risk Reward ratio 1 : 2 to 3x
Good luck.
MDKA Longusing smart money concept and signal, seller is slowing down, taking profit because the buyer is slowing down too, and they meet at supply and demand area
MDKA Potential Bullish FlagMDKA . Daily TF. It has potentially bullish flag pattern IF it brokeout the trendline (diagonal yellow line). AB=CD. TP 5300. SL 3910. R:R = 1:2.
MDKA: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
Merdeka Gold Copper TBK Weekly ForecastWe closed above 2800, Short-term pullback possible but the odds favor a bullish to ~3000. Then if we break through there, up to ~ 3770 next.
Bearish Bias on MDKAThe gold and copper company would still weakening since the HnS pattern appear to break it's bullish trendline with multiple bearish divergence. 2000 would be a sweet spot target of this market. Sell short should be your consideration if trade on cfd market and patient to wait to start accumulation on price target (demand level) as you trade on a spot market. Invalidation start if the price close on above 2900 and get back to the bullish trendline again
MDKA (VCP 14W 28/6 3T)Watchlist
Breakout of VCP, I am looking to get my position on a pullback if it breaks its pivot tight area.
MDKANB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MDKAREG BULL Divergence
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MDKA still in the channel (Watchlist)NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MDKA CORRECTION CHANNEL, WHERE TO BUY?NB: These analyses are not intended as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MDKA (Swing Trading, January 2021)Trade at your own risk. Personally, I sensed a high risk. Jan 12 2021, opening from 9.00 from 2540 to 2570, down to 2510 in 9.05. Let's see how down can it goes.. It's 2520 in 9.07 as i was typing this
MDKA Falling Broadening Wedge Pattern ENDisclaimer On, i don't have license to give signal.
Entry 2740
TP 2980
CL 2630
MSCI Effective Date Trading PlanThis is a few examples of MSCI effective date trading plan, HSMP is one of the IDX stock that is currently in Nov 2020 announcement no longer put in MSCI Global Index. HMSP is experiencing draw down since the announcement but during the effective date the stock hit the long bearish candle, but after that it bullish with 17% not long after the effective date.
The opposite is MDKA stock that is listed in Nov 2020 announcement and experiencing bull during announcement until the effective date, but the gain is only 9% after the effective dat.
Although there is also another catalyst in the HMSP, since there is no announcement made by the government regarding the cigarette levy increment tariff.
MDKA reasons to buy!!1. Hidden bullish divergence (CONTINUATION)
2. Supertrend still bullish
3. RSI at support
4. The price is at fibo cluster which means kinda strong support,
5. ITS GOLD, GOING to 19xxxxxxxxxxxx up up up
