Saturday 9 July 2011

Case Study - Johan


1. Trend Analysis : Downtrend (Bearish)
2. Candle Analysis: Spinning top - potentiang bearish reversal thus pending confirmation (Neautral)
3. Past 2 weeks pattern: Break higher of W of .295  - Potential Bullish Reversal (Bullish)
4. ADX : Bullish crossover with strong momentum (Bullish)
5. MACD: Trending up (Bullish)
6. RSI : Break 50% and heading 70% (Bullish)
7. Stochastic: Bearish Kissing and turinign down to 50% (Bearish)

Conclusion: 4 Bull 2 Bearish 1 Neautral

Entry Price: 0.305
Profit Taking: 0.315, 0. 325, 0.335
Cut Loss: 0. 0.275 

No comments:

Post a Comment