BRIS, psychological level IDX:BRIS
Well, this is might not be good news for those investors that currently holding Long positions with BRIS.
I posted this just to anticipate some potential scenarios in the midterm. I believe BRIS needs to pull back to its psychological level around 2500, this is required to maintain the current strong uptrend. Please be careful if it breaks the EMA55. as if that the case then it might go down to the fibo level around 2060.
Please note, that any scenario could happen. :)
Happy trading and stay safe.
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
BRIS trade ideas
BRIS VCP MinerviniDalam bukunya minervini disebutkan tentang metode VCP nya minervini, di pergerakan BRIS ini dapat dilihat BRIS sedang uptrend. Periode uptrend walau tidak panjang tetapi cukup lama dengan volume yang standar dan tidak signifikan berbeda.
Lalu kita lihat pola bar harian membentuk Symetric triangle, dengan volume yang terus menurun menunjukkan supply demand menurun. Ini yang disebut Volatility Contraction Pattern, lalu menurutstrategi Mark disiapkan posisi di atas break out dan stop loss di siapkan di triangle bawah dengan nilai maksimal 10%, lalu persiapan untuk Target price 30% setelah breakout dengan sell position di 20-30% dari total porto.
BRIS INDONESIA BANKING SECTOR BULLISH BAT (THE HARMONIC PATTERN)EN :
THE HARMONIC PATTERN BULLISH BAT SHOWS HIS BULLISHNESS, After making a harmonic pattern of the "BAT" pattern, BRIS start to continue his pattern to around
955 and the bullish bat already confirmed and after several day of making a short sideways or usually we call it a base around EMA 90 and today (05Oct) shows us the closing candle with full body MAROBOZU Candle already break the base
ID :
HARMONIC PATTERN BULLISH BAT telah memperlihatkan bullishnya setelah membuat pattern harmonis dari BAT pattern ini, BRIS meneruskan pattern bullishbatnya ke angka 955 dan bullish bat ini telah terkonfirmasi dan setelah beberapa hari membuat sideways kecil atau biasa disebut base di area EMA 90 hari ini 05Okt menunjukan penutupan candle hari ini dengan MAROBOZU Candle yang telah menembus base