1. Trendline: Form higher high & higher low (Bullish)
2. Candle Stick: Potential evening star pattern on last trading day, need one more black candle which close at or below middle of long white candle on 19/10/2011 for confirmation. (Bearish)
3. EMA Analysis: All 10, 20 50 EMA start to turn north and consolidate at ~ 0.78 soon. (Bullish)
4. Bollinger Band: Both upper & lower band is expanding make it room for price to advance further. (Bullish)
5. Volume analysis: Increase for the past 2 days exceed 20d MA, which able to sustain or push the price higher (Bullish)
6. ADX: Uptrend with big momentum (Bullish)
7. MACD: Above 0 (Bullish)
8. RSI: Above 70% (Bullish)
9. Stochastic: K line cross below 80% (Bearish)
Conclusion: 7 Bull 2 Bear
Position (Long)
Aggresive trader
Entry price: 0.86
Profit Taking: 0.89, 0.97
Cut Loss: 0.79
RR: 0.43, 1.57
Conservative trader
Entry Price: wait the price retrace and rebounce above .775
Profit Taking: 0.84, 0.89, 0.96
Cut Loss: 0.74
RR: 1.5, 2.75, 4.5
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