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.
Đóng lệnh: dừng lỗ
Hit SL
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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.