EASY123 Prediction @MYX MMCCORP

Life is simple...Trade with Simplicity!

*The Trend direction: UPTREND - Higher-High & Higher Low was observed (Green background region).
*Price tested the lifeline (Redline) & Correction on 17-Apr.
*A strong Turning point (Purple-candle) was observed on 22 & 24-Apr.

Prediction: The current price pullback supported on S1 and rebound upward. The crucial point, the price must break 0.72 to take-off to the next level.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: RM0.72-77 & RM0.88-0.93
Cut Loss: If broke below S1 RM0.62 or S2 RM0.55

*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:-
*BT-Yellow-Diamond + White-Candle = 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 + Bell Alert = Indication of Price take-off area.
*Green-Background = Indication of an Uptrend.

SELL Signal:-
*Red-Dot = Indication of Hot-buyer, potentially a Top signal
*Blue-Candle = Indication of Price selling off area.
*Red-Background = Indication of a Downtrend.

Zlecenie aktywne:

Price touched our immediate resistance R1, 0.72 on today. (Some profit-taking activities might be taken place.
If it cannot break this immediate resistance, it will probably have a pullback and retest it again.

Good luck & Happy trading!

Zlecenie aktywne:

After it has break the R0.72, it was rallied to our predicted resistance 0.88. (Profit-taking)
After the long rally, it will likely make a correction, pull back to look for the support. *The previous Resistance will become future Support.
Unless otherwise, it breaks RM0.91 rally continuation will remain.
Trade remained active, as its uptrend pattern Higher-High & Higher-Low is still intact.

Good luck & Happy Trading!

Zlecenie aktywne:

It is on technical correction and strongly supported near to our lifeline (Redline) region (The previous resistance 0.72 has nicely transformed as the new support).
It needs to break out 0.865 for the new rally to start. Abandon when it breaks out the critical support.

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

Transakcja zamknięta: osiągnięto wyznaczony cel:

Trade closed as target hit on 29-May.