EASY123 Prediction @MYX FOCUSP

Life is simple...Trade with Simplicity!

*The Trend direction: UPTREND - as Higher-High & Higher Low was observed (Green background region).
*The price has break-up and stand above our lifeline (Redline) on 28-Apr.
*Bottom signal (Green-upward triangle) was sighted on 19-Mar.
*Numerous turning points (Purple-candle) have appeared, a strong indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 31-Mar & 28-Apr, an indication of the strong buying momentum.
*A Yellow-candle + Alert Bell has appeared on 28-Apr, an indication of price potentially take-off.

Prediction: The current price pullback and supported after the breakup from our lifeline (Redline).
Once it breaks this immediate resistance R0.50 it will take-off to the next level.
*Otherwise, it will hover sideways within a range between 0.50 - 0.40

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.55-58 & R2=0.63-68
Support/Cut Loss: S1=0.40 & S2=0.32

*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.

Kommentar:

It reached & exceed the pre-high (0.50) right on the next trading day right after our posting. (Profit-taking)
It is now moving within a range (0.50-0.415) thus formed a BOX pattern.
Trade maintains active as a clearly Higher-High & Higher-Low toward uptrend pattern.
Once it breaks the BOX (0.50) it will be eyeing to next predicted resistance.
Exist trade if the critical support lines have broken.

Good luck & Happy Trading!

Order storniert:

We reenter when the S1 support 0.40 and profit-taking on 3-Jun.
This ticker still moving within the BOX pattern range 0.50-0.40.
It is not our preference to waste our time in the sideways pattern.
Hence, we have abandoned this ticker for other opportunities.

*You can drop a message to us if you are interested to try out our trading signal.
Good luck & Happy Trading!