LOTUS: Filter 3 has appeared1. Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum.
2. Waiting confirmation MACD to cross up.
3. TAYOR
LOTUS trade ideas
Deep Crab Served With 21 Petals of LotusHi guys, how are you ? Hope you guys are doing good.
Suddenly crossed in my mind about this counter which had famed before, So i came up with a lil 2cents of opinion here... take a look when i rely 100% by only using harmonic pattern and geometrical fibonacci.
Take a look, here is what i found.
1. Current situation of flat price (Sideways)
2. A monster pattern named deep crab appear which indicates the probability of reversal most likely to be happening when reached the reversal point at any levels of geo-fibo above.
3. "Fibo Convergence" appears 2 times which indicates 2 different level of fibo numbers meet at the same level of price (plus minus 2point)
Well, this is only based on my limited of understanding as a human being, cause i believe people need to always upgrade the knowledge.
This is only the study of probability and not a confirmation. Buy at your own risk(BAYOR)
All the best traders, May God Bless.
Best regards,
Zhafri Azizan
Deep Crab Served With 21 Petals of LotusHi guys, how are you ? Hope you guys are doing good.
Suddenly crossed in my mind about this counter which had famed before, So i came up with a lil 2cents of opinion here... take a look when i rely 100% by only using harmonic pattern and geometrical fibonacci.
Take a look, here is what i found.
1. Current situation of flat price (Sideways)
2. A monster pattern named deep crab appear which indicates the probability of reversal most likely to be happening when reached the reversal point at any levels of geo-fibo above.
3. "Fibo Convergence" appears 2 times which indicates 2 different level of fibo numbers meet at the same level of price (plus minus 2point)
Well, this is only based on my limited of understanding as a human being, cause i believe people need to always upgrade the knowledge.
All the best traders, May God Bless.
Zhafri Azizan
LOTUS - will it rebound tomorrow?8th Jul, MYX:LOTUS was lifted from PN17, price soared up and beat highest high since 2011.
Pullback next day possibly due to profit taking and doji pattern the next day indicate indecisiveness.
OBV still looking good last 2 days pullback was minor. It looks good for a rebound.
LOTUS KFMMy view for this counter.
Hidden divergence detected if using MACD. Price keep rising but MACD keep lower. Awaiting 3 drive formation as drive no 1 and no 2 completed which in line with sellers zone. Price in consolidation as it need to break inside bar formation either going up or down.
As long as price doesn't go to Flag zone, i am remain neutral on this counter.
TAYOR-Trade at your own risk