N wave with E, V, N & NT projection.
The price has broken above the Kumo, which indicates a bullish sentiment, as the candle closed above both the Tenkan-Sen and Kijun-Sen. The Kumo is acting as support now, with bullish momentum.
The Chikou-Span is above the price action, further confirming bullish momentum.
A potential entry around the current price of 0.955, especially given that the price has broken above the NT resistance of 0.94.
Consider placing a stop-loss slightly below the Kumo or the recent low around 0.90 to manage risk.
Watch for pullbacks, especially near 0.94 MYR (NT level), which could turn into support after being broken.
The Kumo cloud should act as dynamic support, and as long as the price stays above it, the bullish outlook remains intact.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price has broken above the Kumo, which indicates a bullish sentiment, as the candle closed above both the Tenkan-Sen and Kijun-Sen. The Kumo is acting as support now, with bullish momentum.
The Chikou-Span is above the price action, further confirming bullish momentum.
A potential entry around the current price of 0.955, especially given that the price has broken above the NT resistance of 0.94.
Consider placing a stop-loss slightly below the Kumo or the recent low around 0.90 to manage risk.
Watch for pullbacks, especially near 0.94 MYR (NT level), which could turn into support after being broken.
The Kumo cloud should act as dynamic support, and as long as the price stays above it, the bullish outlook remains intact.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade fermée: ordre d’arrêt atteint
Hit SL
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.