South East Asia Emerging market :Vietnam
Sign of uptrend holding
-Candlesticks moving above MA200. Challenged MA200 and continue moving above it (circled)
-Uptrend Line B 1:1 Fib extension of uptrend line A, similar magnitude within a shorter period of time(represented b the dotted line)
-Retracement R1 which from Higher Low (HL) : Retrace 0.618 fib of Line A.
-Retracement R2 which from Higher low (HL2): retrace 0.5fib of line B
-Challenging the ichimoku cloud soon
volume indicator fail to provide much information
Sign of uptrend holding
-Candlesticks moving above MA200. Challenged MA200 and continue moving above it (circled)
-Uptrend Line B 1:1 Fib extension of uptrend line A, similar magnitude within a shorter period of time(represented b the dotted line)
-Retracement R1 which from Higher Low (HL) : Retrace 0.618 fib of Line A.
-Retracement R2 which from Higher low (HL2): retrace 0.5fib of line B
-Challenging the ichimoku cloud soon
volume indicator fail to provide much information