With recent significant price and volume in yesterday, trading make SCOPE in Break Out (BO) signal where is close above the top BB. Now, can SCOPE continue the momentum this week? If the price is can hit R 0.375 then it will be the long position for everyone. R 0.375 S 0.325
Trading Idea SCOPE (19/7/2021) - Potential upward with positive momentum towards next resistance. - Support and resistance as drawn Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.
Scope masih dalam mood corrective wave Trading plan short sahaja EP high risk 0.260 Ep medium risk 0.255 Ep low risk 0.250 SL 0.235 TP1 0.265 TP2 0.270 TP3 0.275 TP max 0.280 nota : price 0.250 adalah RBS monthly
Scope had finished it's double bottom formation on 6th July 2021 after it had created 2nd bottom 29 June. Currently it is in pullback situation when it reached back to its neckline. I am anticipate that the pullback has finished today or will in next 2 days period. This has to be verifiy with when buying pressure to kicks into. Currently: 1) Today had shown a bit...
Retracement of intermediate wave 2 (ABC flat corrective wave) has reached 161% of wave A.
completed leading diagonal in wave1, wave2 in the making .
Based on the trend line, scope has rebounded at the trendline and now will making new high. Volume entry was nice a 5 Feb 2021. Red line = expected to Break previous Peak and making small Pullback before going up for a new high. Green line = BO without making PB
cup and handle? higher low? higher high? double bottom? what does you see? just for fun
Break its key Resistance @0.220 and volume looks strong today. Just halfday, volume is much higher than previous volumes. Next UMA?
After bouncing off the trend line seems like it is facing upwards again, possible might be heading for better heights as it's been bouncing off the strong trendline for some time.
from my observation MACD cun Stoch cun Volume kureng I just try my newbie skill
The trend is your friend. The rainbow average is your guardian angel. When the price is flying above the rainbow, it is a r rising star.