TH Plant Wedge Breakout (A+) - Swing trade
CP - Wedge Breakout
RSI > 50 (Rebound at 50 during Entry)
SCDMX - Red Candle 20% (Strong Institution influence)
AP - 1st Buy Signal
2nd Confluence (A+)
A+ Setup - Breakout on the 4th rebound point on the strong upward trendline
CD - Tweezer Bottom on the rebound point
Entry Price Close above 200SMA
https://www.tradingview.com/chart/HurSu3LV/
EP - 0.675
TP - @ R0.715 / @R0.775 / TP @ 0.8 (XOX) / @ R0.840
SL - @0.61 (below previous low)
R:R - 1:2
Market Condition - KLCI is rebounding on 200SMA with Morning Star CD.
Bursa Plantation Index - Still Bullish with RSI > 50. But in Consolidation upon entry and rebound on closing.
FCPO Index - Bullish.
All the best guys. Will let you know the results.
CP - Wedge Breakout
RSI > 50 (Rebound at 50 during Entry)
SCDMX - Red Candle 20% (Strong Institution influence)
AP - 1st Buy Signal
2nd Confluence (A+)
A+ Setup - Breakout on the 4th rebound point on the strong upward trendline
CD - Tweezer Bottom on the rebound point
Entry Price Close above 200SMA
https://www.tradingview.com/chart/HurSu3LV/
EP - 0.675
TP - @ R0.715 / @R0.775 / TP @ 0.8 (XOX) / @ R0.840
SL - @0.61 (below previous low)
R:R - 1:2
Market Condition - KLCI is rebounding on 200SMA with Morning Star CD.
Bursa Plantation Index - Still Bullish with RSI > 50. But in Consolidation upon entry and rebound on closing.
FCPO Index - Bullish.
All the best guys. Will let you know the results.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.