Bullish Bat for IOCBTC, Wait for confirmation

١٤ أكتوبر ٢٠١٧

On daily chart, there is a forming bullish bat for IOCBTC at 0.0005 level, wait for the confirmation of D point as entry, since now MACD twists and losing direction, as well as weak candlestick which may breakout than pullback.

It's better to wait for a bullish engulfing to confirm a PRZ near D point. If the bat pattern becomes valid, see target at 0.0006 level near 55 MA.