1. Trendline: Higher high & higher low - uptrend (Bullish)
2. Candle Stick: Bullish engulfy (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: 3R1G with signal line above 0 (Bullish)
5. RSI: Rebounce and pending to break 70% (Bullish)
6. Sto: Break 80% with bullish kissiing, pending bullish crossover (Bullish)
7. Volume Analysis: High Buying Pressure
Conclusion: 7 Bull 0 Bear
Position: Long
Entry Price: 3.7
Profit Taking: 3.76, 3.81, 3.88
Cut Loss: 3.59
What is the risk reward ratio?
ReplyDeleteIt seems not much already