This stock currently on clear uptrend. Now making a pattern called bullish pennant. Price now at 0.5 - 0.618 fibbonaci level from starting price that make them move aggressively upward. Target now at RM6.00 with suitable risk reward ratio. Drop below fibbonaci level could be failed setup
From the chart, we can see gold price very reacted towards geopolitic tension between two 'giga' economic country US and China. China push US to make Chinese Yuan as the main currency in the world which use in trade segment between countries. They agreed to form BRICS plus Saudi Arabian involvement into the idea and causing uncertainty towards dollar future...
Blackrock AUM keep growing day by day and trillion dollar market cap will not be push away by them. For real they already bought the dip after FTX collapsed.
Based on chart, outer trendline already did break and retest structure. While inner trendline now being test and we will wait until it break to get double confirmation from trend perspective. On chart pattern, possible XRPUSDT to make double bottom pattern which first leg had been made and another will follow if they want to form a pattern. Fundamentally, many...
From my point of view, this index shows a possible bullish movement as the price already test the bearish trendline for the third times. Its mean that resistance trendline might become weak. Futhermore, price also did a breakout from previous high or resistance and on it way to resistance become support area. Malaysia general election also in near time and surely...
Strong bullish candle due to good news from acquisition of Khazanah Nasional semi-conductor company, Silterra Malaysia which bring them into semi-conductor industry that now have shortage products condition due to high demand from technology and automobile sector. Based on TA, the price want to make some retracement after massive jump, it show healthy movement and...
Just my 2 cent. Trade at your own risk. For now, crypto market shows strong bullish and also have good fundamental as the central bank want to produce their own cbdc.
Price had break the resistance trendline and it is possible the price will go upwards more. Other than that, it were strong uptrend. Stop loss at 0.71800 (red line) and take profit at 0.73000 (green line). Breakeven when the price have move more than 50 pips to secure the profit. Good luck my fellow traders.
Price had break the support trendline and retest on it. Possibly GBPJPY will make downward movement next week to the target price (green line). Stop loss is the red line which is 40 pips from current market price.
From my humble opinion, AUDUSD want to make bullish movement in the future. It is because the price had break the resistance trendline which indicate that the price want to move upward more. Wait for the price to retest on swap zone (supply become demand) to entry long. For long term, I target the price to reach 0.80000 but if the price move more than 50 pips, I...
Trust your own analysis. Be patient and wait for breakout.
I am really need comment based on my analysis from professional traders out there.