Uptrend, Bullish and Strong Bull.
Last friday gap up ended with Doji at 6.
MCDX Banker only 36% but retailer volume reduce to just 15%
Hotmoney around 50% indicating that HY is on sideway move.
Banker Moving Average still sloping down suggesting that retracement not yet done
Slow turtle support is 4.8, 5-day low is 5.4
Take profit zone around 7 to 7.3
Long term profit zone around 9.2
Plan to Buy at support considering HY is on sideway move :-
1) Buy at gap close 5.8 or
2) Wait for price action and signal around 5.4 - 5.5 support.
3) Take some profit at 7 - 7.3
4) TP2 around 9.2 or Hold if price remain above ATOM river or Retailer% = 0%
Last friday gap up ended with Doji at 6.
MCDX Banker only 36% but retailer volume reduce to just 15%
Hotmoney around 50% indicating that HY is on sideway move.
Banker Moving Average still sloping down suggesting that retracement not yet done
Slow turtle support is 4.8, 5-day low is 5.4
Take profit zone around 7 to 7.3
Long term profit zone around 9.2
Plan to Buy at support considering HY is on sideway move :-
1) Buy at gap close 5.8 or
2) Wait for price action and signal around 5.4 - 5.5 support.
3) Take some profit at 7 - 7.3
4) TP2 around 9.2 or Hold if price remain above ATOM river or Retailer% = 0%
Note
5.8 Triggered
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.