I have drawn two downtrend trendlines, which are early and latest downtrend trendlines. These two trendlines have been broken. So, I see that the potential downtrend is over. Now, I look for the beginning of an uptrend. I have identified an uptrend structure where there are points LOW (L), HIGH (H), and HIGHER LOW (HL). However, the price still does not make a new higher high point. We need to wait for the price to pass the H level, and make HH, as if the uptrend signal has started.
Commentaire:
Fundamentally Malaysia politic going well in election general and state election done. Time to build up economy progressively.
Commentaire:
look like price still struggling to make HH
Commentaire:
HH Done...
Commentaire:
still on track