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Protect the downside. For me, 0345 as last defence a.k.a. support.
>> Stochastic at OS.
>> RSI seems head down.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an...
Trading Idea ROHAS (11/3/2021)
- Buy on dip (yellow zone)
- Target and stoploss as drawn
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Price already entered weekly Ichi cloud.
Price closed above daily Ichi cloud.
Price cross EMA200.
Therefore, ROHAS have the potential to start a new trend.
TP: 0.44
TP2: 0.55
SL: 0.26
HAPPY NEW YEAR 2021!!🎉🎉
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for...
I saw a good daily support to manage an entry, I like the volume and nice chart pattern. Break resistance and buy at support, that all traders usually now and the basic term of trading. Just find support and resistance then you know where to buy and exit or add more buy entry. I found the resistence at the end of green color on the chart, that is my daily support....
Price shows no strong volume to break the immediate resistance.
Now enter the re-accumulation phase.
If the price break below the support at .365 level, it will continue bearish until reaching the .315 support as "spring"
Opportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own...
