Daily 1. RSI test level 50 2. Fibo retracement 61.8 3. Stoch RSI oversold. 15M 1. Bullish Divergence
Reason to buy : 1. Bollinger Band Squeeze 2. RSI test level 40 3. Price test EMA100 TP 1. 1st TP the previous high (0.860) 2. 2nd TP fibonaci extension 100% (0.925) 3. 3rd TP Fibonaci extension 161.8% Cutloss if 1. RSI close below level 40.
The distribution phase might be not complete yet. However, there are opportunities here. Entry now and cut loss if RSI close below 39 levels.
The first time RSI hit 40 levels after the previous spring. Cut loss if RSI Close below the level.
Does the accumulation period reach its end? RSI test level 50 and bounce back level 40 multiple times. Bullish divergence. If RSI close below 39 levels..consider cut loss.
Accumulation, Mark up, Distribution, MarkDown this is a normal basic market cycle due to human behavior. RSI is considered a momentum indicator. Normally people use to trade for overbought and oversold. But sometimes, the overbought and oversold condition can be continuos for a long period of time.
Daily TF : 1. We see accumulation. 2. Price close above EMA6. 1H TF : 3. MidBB Cross EMA50 4. Price testing MidBB+EMA. Why not enter yet? Because there is still now bullish divergence. Wait until the market shows the way.
1. Fibo retracement 61.8 2. Mid BB 3. Support 4. Stoch oversold 5. Bullish Divergence
Bearish divergence appears to be strong.. target on Fibo extension 100% and 161.8%.
Completed all the phases for accumulation since March 2020. Just completed the SPRING phase to accumulate their shares. Now break the DTL and making HL.. Good time to enter with 1st TP 0.200. More TP will be determined after breaking the TR.
No one is gonna know.. How they want to know??? After price momentum..there should be another 2nd attempt at least until the last high...
SUPERMAX has similar behavior with past TENAGA accumulation. Observe and take action.
Sign of Strenght Daily TF 1. Massive accumulation. 2. Stochastic Divergence. 3. Momentum buy when price close outside BB. 4. Break resistance. 1H TF 5. MidBB above EMA50. 6. Bullish divergence Now is good time to entry at RBS + MidBB + Stoch oversold = area 0.375.
There are many indications that show strong buyers in the market. 1. Accumulation period 2. Daily price close above EMA6 3. Price close above EMA50 and retest mid bb 4. Stoch oversold 5. Continuation bullish divergence.
Buying checklist : 1. Daily TF Bank Accumulation. 2. Daily TF Bullish Divergence 3. Daily TF Price close above EMA6 4. 1H TF Price close above EMA50 and testing MidBB 5. MidBB cross EMA50 6. Stochastic Oversold (Continuation Divergence) Tunggu apa lagi? TAYOR!! Cut loss when price closes below 0.745 Target Profit when price close below EMA6.
Buying Checklist Daily TF 1. Bank accumulation exists. 2. Stochastic bullish divergence. 3. Price cross above EMA6 1H TF 4. MidBB cross EMA50. 5. Momentum Buy (Price close outside BB) 6. Stochastic Bullish continuation divergence. Why entry now? Because 1H stochastic is oversold! According to HongLeong Investment Bank (HLIB), they target the fair price value...
LKL has dropped a lot since most of the supply for Covid-19 was sufficient. People forget about this and jerung2 takes a chance to accumulate their shares little buy little like no one knows. We see massive accumulation happen at the current price level. An early sign of the trend we see in 1H TF where price decrease but the stochastic increase. This indicates...