Analysis: LQ45 Sell OpportunityMarket Context:
- Price is within a bearish Discounted Weekly Fair Value Gap (FVG).
- Price broke Daily Trend Line.
Entry: 960
Stop-Loss (SL): 990 and trailing
Target Price (TP)2: 840-850 (last swing low)
Target Price (TP)2: 730-750 (1.618 Fibonacci extension)
Monitoring: Track the price daily and adjust based on new market information.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
LQ45 trade ideas
LQ45: POTENTIAL BRIGHT BULLISH OUTLOOK FOR INDONESIA STOCKSHello Enthusiast Indonesia Stock Investor/Trader. Here's free outlook for potential Index Movement. Please give us thumbs up, follow, and comment your opinion on the outlook to support the channel. Let's GROW TOGETHER to become matured trader :)
LQ45 is an Indonesia Stock Market Index which consists of 45 liquid traded stocks. LQ45 could be use as an indicator for forecasting potential Indonesia stock outlook.
LQ45 has broken out of the bullish flag. Afterwards, LQ45 retested the structure and broke out of the near resistance. The MACD indicator already crossed above the zero level area, it signify the potential bullish bias on the index.
The roadmap will invalid after exceeding the support/target area.
DISCLAIMER:
THIS IS NOT A RECOMMENDATION TO BUY OR SELL THE INDEX.