So far so good. Price is moving as per expectation.
1) 17 Feb - Price breaks above down trend channel with strong volume.
2) 20 Feb - Price continue to move up until it form "Shooting Star candle" hit Resistance at 11700. Same level as 28 Jan
3) 25 Feb - Pull back to FIBO 0.382 ($9351) and rebounce around EMA200.
HOLD : Expect to move towards 11700 resistance. If breaks, Next target 13100.
- Price is still below EMA50
+ Buying momentum is improving and not Overbought.
+ Force Index turned Positive.
1) 17 Feb - Price breaks above down trend channel with strong volume.
2) 20 Feb - Price continue to move up until it form "Shooting Star candle" hit Resistance at 11700. Same level as 28 Jan
3) 25 Feb - Pull back to FIBO 0.382 ($9351) and rebounce around EMA200.
HOLD : Expect to move towards 11700 resistance. If breaks, Next target 13100.
- Price is still below EMA50
+ Buying momentum is improving and not Overbought.
+ Force Index turned Positive.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
www.tradingview.com/script/mbiUr95n-MCDX-Plus/
www.tradingview.com/script/mcAidXIT-FiFT-Pro/
www.tradingview.com/script/viAR3Ilo-Trend-Sign
www.tradingview.com/script/mbiUr95n-MCDX-Plus/
www.tradingview.com/script/mcAidXIT-FiFT-Pro/
www.tradingview.com/script/viAR3Ilo-Trend-Sign