MDKA 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...
MDKA 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...
using 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
The 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....
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!!!
REG 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!!!
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!!!
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!!!
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
This 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...
