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GTRONIC - Looking for bullish momentum.P Wave B/O. The current candle price has just broken above the Kumo, indicating a shift from a bearish or neutral phase to a potential bullish phase. The breakout above Kumo is a significant technical event suggesting momentum is turning positive. Tenkan Sen is above Kijun Sen, confirming ongoing bullish momentum. Chikou Span seems to be following price action positively, adding support to bullish bias. Current price: 0.480, indicating room for upside toward the targets. Entry: Initiate or add long position at 0.480 following confirmed breakout above the Kumo. Stop Loss: Set stop loss around 0.370, below recent swing low to protect against downside risk. Price breaking above the Kumo combined with Tenkan Sen crossing above Kijun Sen is a strong bullish signal. The projected Fibonacci targets give clear, progressive levels to watch and take profits. Manage risk carefully by using the suggested stop loss. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:GTRONICLong
by mg6112
1
SENDAI - Analysis on potential price movementY wave with target (E) within stipulated time. The price has recently broken above the downtrend line. Price is trading near the bottom edge of the Kumo which currently appears reddish (bearish), indicating a resistance area. Tenkan Sen is above Kijun Sen, signaling a short-term bullish sentiment. The Chikou Span is close to the price area, and a move above the cloud would further confirm bullish momentum. Key support at 0.335. Resistance levels are marked by the cloud and Fibonacci retracement levels near the 0.580–0.600 range. Entry: Consider entering a long position around the current price 0.470 or on a minor retracement closer to 0.455–0.465. Stop Loss: Place a stop loss below a recent support, ideally below 0.425–0.430 to protect against false breakouts. Primary target at the Y wave completion near 0.580–0.600. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:SENDAI
by mg6112
AXIATA - Trend reversal?Y Wave with target (E) within stipulated time. Price breakout above the downtrend line – this suggests a potential bullish reversal. Price is approaching the Kumo – breaking into or above the Kumo will strengthen the bullish signal. Chikou Span is still below candles but starting to rise – watch for a cross above the price line as confirmation. 1.63 is marked as the 52-week low, a strong psychological and technical support level. Price to maintain above Kijun-Sen and close inside Kumo with golden cross, that would further confirm trend reversal. Support at 1.76 and 1.73. Set a stop loss when close below this level. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:AXIATALong
by mg6112
1
ECA - Looking for bullish momentumY wave with target (E) within stipulated time. Price has just broken above the major downtrend line. This breakout is a bullish signal, indicating a potential reversal or at least a corrective rally. Tenkan Sen has crossed above Kijun Sen recently, which is a bullish crossover. Price is near the lower boundary of the Kumo, which currently serves as resistance. The cloud ahead is bearish, implying potential strong resistance to overcome before a sustained uptrend can form. Chikou Span positions closer to price highs, suggesting increasing momentum. Immediate support at 0.165. Stronger support at 0.130. Resistance near the cloud. Entry: Consider entering a long position now or on a minor retracement near 0.170–0.175 after confirming support. Stop Loss: Place stop loss below support around 0.160 or more conservatively below 0.150 to manage risk. Target: Primary target towards the wave (E) at around 0.210 – 0.220. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:ECALong
by mg6112
1