EASY123 Prediction @MYX PPHB

Life is simple...Trade with Simplicity!

*Trend direction: UPTREND - Green background (Higher-High & Higher Low was observed)
*The price has break-up and stand above our lifeline (Redline) on 05-May.
*Bottom signal (Green-upward triangle 19-Mar, followed by Yellow-Diamond "BT" on 23-Mar & 27-May) were sighted on our chart.
*Turning points (Purple-candle) have appeared on 27-Mar, 14-Apr, 22-Apr & 28-May, an indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 27-Mar & 17-Apr, an indication of the strong buying momentum.
*A Yellow-candle + Alert Bell has appeared on 30-Apr & 08-May, an indication of price potentially take-off.

Prediction: The price broke up our lifeline (resistance) on 30-Apr and it pullback supported by our lifeline (Redline) region.
Once it breaks this immediate resistance R0.84 it will take-off to the next level.
*Otherwise, it will hover sideways within a range between 0.84-0.69 within a BOX pattern.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.99-1.03 & R2=1.11-1.18
Support/Cut Loss: S1=0.69 & S2=0.57

*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.

Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*Purple-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.

SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.

تم فتح الصفقة:

Looks like it isn't able to break the immediate Pre-high resistance 0.84. No trade action was initiated.
It is now creating a BOX pattern and moving in a sideways range 0.70-0.84
Until it breaks out the BOX, we will only initial our entry. Else if it breaks below the S1 support we will abandon this ticker.

*If you want to know more detail on how to operate with our signal. You can drop a message to us.
Good luck & Happy Trading!

تم إغلاق الصفقة يدويًا:

This counter is moving within the BOX range. Hence, we are quitting this counter & waste no time on it.