ZanderGoh

ZanderGoh

Top forming coupled with abnormal volume with little change in price. We can conclude that theres massive exchange of shares with little change in pricing. = Huge selling or huge buying. Judging from the placing in the chart we can see that likely there's an exchange of shares from smart money to public. Sell order triggered

ZanderGoh Updated 

Range Bound trading, with more skew towards the down side. However due to the strong rejection doji, I suppose the trade is warranted if given a good pull back 2 kangaroo tail confirming the rejection of level 7790 area. Having said that, would like to have an attractive risk reward ratio of 1:2 thus waiting for a good pull back to around 7790 area for...

ZanderGoh Updated 

Looking at shorting this pair. Good signal generated at a resistance level with a risk reward of 1:4. Looking for better pull back for a better entry or no trade. Cheers

ZanderGoh Updated 

Looking at buying WHEAT with a Win lose ratio of close to 1:2 Good Doji forming. Although not at the most confluence area

ZanderGoh Updated 

Looking at shorting Lovisa, 2 signs. Although its on a very strong bull trend, however we can see from volume price analysis There is strong resistance forming with 2 Doji companied with high volume which signified potential hidden selling taking place. Unless fresh buying power is coming in, Lovisa might be due for a correction towards the immediate support...

ZanderGoh Updated 

Good Doji formation forming with Support line. Another reason is that, the low of <--- has been taken out with a long wick. Which might be seen as big institutional player clearing stop losses that might be placed around that area before moving the prices up for best entry. Looking at better price entry for 1:2 min Risk reward. Seems like this week is a...

ZanderGoh Updated 

Via volume price analysis, there is heavy volume supporting the level of confluence together with candlestick showing a rejection of that level.

ZanderGoh

Looking at trade setup of ascending triangle with upside break out potential. Determined TP and SL via 1 time frame higher setup. Which is at 60.262 and 52.061. Taking into consideration of psychological level to be taking profit 5 pip before 60.000 and SL at 51.95 5 pips below 52 level. In order to maximize trading edge, limit order is place at lower end of...