N wave with E, N, V & NT projection.
The price is currently above the Kumo, indicating a bullish market sentiment.
Tenkan-sen is above the Kijun-sen, reinforcing the bullish outlook.
The Kumo itself is green, suggesting continuation of the upward momentum. Watch for price action near the upper edge of the cloud for potential breakout signals.
Consider entering a long position near 0.915 (current price) or on a confirmed breakout above 0.930, which aligns with the projected resistance levels.
Confirmation: Look for strong bullish candlestick patterns or a break above the Kumo with increased volume to validate the long entry.
Set a stop-loss at 0.860, below recent swing lows, to manage risk in case the price moves against the position.
Monitor wider market trends and any news that could affect the technology sector in Malaysia.
Keep a close watch on volume; a surge in volume accompanying price increases would strengthen the bullish sentiment.
Stay alert for any changes in the Kumo structure, as a shift to a thicker Kumo might indicate future volatility.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price is currently above the Kumo, indicating a bullish market sentiment.
Tenkan-sen is above the Kijun-sen, reinforcing the bullish outlook.
The Kumo itself is green, suggesting continuation of the upward momentum. Watch for price action near the upper edge of the cloud for potential breakout signals.
Consider entering a long position near 0.915 (current price) or on a confirmed breakout above 0.930, which aligns with the projected resistance levels.
Confirmation: Look for strong bullish candlestick patterns or a break above the Kumo with increased volume to validate the long entry.
Set a stop-loss at 0.860, below recent swing lows, to manage risk in case the price moves against the position.
Monitor wider market trends and any news that could affect the technology sector in Malaysia.
Keep a close watch on volume; a surge in volume accompanying price increases would strengthen the bullish sentiment.
Stay alert for any changes in the Kumo structure, as a shift to a thicker Kumo might indicate future volatility.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Đóng lệnh: đạt mục tiêu
Reached target
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.