SENDAI trade ideas
SENDAI BULLISH DIVERGANCE? (UNDER MONITOR)1. VOLUME IS INCREASING
2. DOWNTREND CHANGE TO SIDEWAY
3. WAIT FOR PRICE CROSS MA50,200 BEFORE BUY(HIGH RISK DUE TO DOWNTREND)
Upward momentum for SENDAI
The chart above is drawn by me. From the chart, we could see that albeit there is lower low in the price level, the MACD indicator shows a higher low - a divergence. Coupled with positive news regarding contract win, it is likely to experience a short term increase to the price level at 0.585 - 0.620.
The above is a little sharing from me.
Looking forward to opinion from investors on TradingView.
SENDAI 26/3/2019Sendai as lower on monthly support .overall downtrend . however there is pin bar on weekly trend
Parallel trend to break outWe going to see the current trend is parallel and down, but the volume is getting from previous days before.
If we can see the price break 0.525 and touch the high trend line and retest back 0.525,
we will see the price break out the trend. The MACD also cross and waiting to cross the 0 line.
