N wave with E, V, N & NT projection.
The price has broken above the Kumo, which indicates a bullish sentiment, as the candle closed above both the Tenkan-Sen and Kijun-Sen. The Kumo is acting as support now, with bullish momentum.
The Chikou-Span is above the price action, further confirming bullish momentum.
A potential entry around the current price of 0.955, especially given that the price has broken above the NT resistance of 0.94.
Consider placing a stop-loss slightly below the Kumo or the recent low around 0.90 to manage risk.
Watch for pullbacks, especially near 0.94 MYR (NT level), which could turn into support after being broken.
The Kumo cloud should act as dynamic support, and as long as the price stays above it, the bullish outlook remains intact.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price has broken above the Kumo, which indicates a bullish sentiment, as the candle closed above both the Tenkan-Sen and Kijun-Sen. The Kumo is acting as support now, with bullish momentum.
The Chikou-Span is above the price action, further confirming bullish momentum.
A potential entry around the current price of 0.955, especially given that the price has broken above the NT resistance of 0.94.
Consider placing a stop-loss slightly below the Kumo or the recent low around 0.90 to manage risk.
Watch for pullbacks, especially near 0.94 MYR (NT level), which could turn into support after being broken.
The Kumo cloud should act as dynamic support, and as long as the price stays above it, the bullish outlook remains intact.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade fechado: stop atingido
Hit SL
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.