About meBusiness Development Manager at DANONE | Stock investor mainly in Indonesian stock market | Forex day-trader heavily focused on price action and trend momentum strategies | Follow me: https://t.me/tradingworkid
Ketika 2021 awal, BBRI akan cenderung koreksi dan EMA akan death cross, hingga Feb 2021 menuju support trendline dan static supportnya. Kemudian bounce back ke dalam channel nya dan melanjutkan kenaikan hingga akhir 2021
There was a Doji followed by a bullish candle, yet the power of the candle or rejection was not strong enough in my opinion.
We can speculate a bullish here due to major rejection from the dynamic trendline. Yet, the power of rejection would not be strong enough so the probability is about 50:50 whether the price will follow the pattern or continue...
With death-cross EMA and breaking out of the bullish dynamic trendline on H1, we expect the reversal trend into bearish even though just for a bit. Entry on a pullback as detailed on the chart.
We need to wait and see for the confirmation, whether the price will continue breakout or take a little pullback first. Either way, we can expect bullish trend on H1 until its major static resistance (channel H4).
Death-cross EMA following by breaking out EMA trend. It's possible that EURUSD will change its trend and going short.
From price action in recent candles, we see a couple of rejection. Thus, we can expect a little pullback to the previous key level, and, subsequently, we can enter the trade there for 1:2 RR to the nearst support