Case Study - KURASIA

 

1. Trendline : breaking out ascending triangle (Bullish)
2. Candle Analysis: White long body from support ~ 20ema (Bullish)
3. MACD: above 0 (Bullish)
4. RSI : Trending up, pending break out 70% (Bullish)
5. Sto: Break out 80% (Bullish)
6. ADX: Uptrend with strong momentum (Bullish)
7. Volume Distribution: Stong buying pressure (Bullish)

 

Conclusion: 7 Bull

Position (Long)

Entry Price: 0. 535
Profit taking: 0.56, 0. 605
Cut Loss: 0.47

Case Study - Kurasia

2011 June 28
1. Trend Analysis: Higher high & higher low -- uptrend & retracing (Bullish)
2. Candle Stick: hammer -- bullish reversal (Bullish)
3. ADX: Good momentum (Bullish)
4. MACD: Trend up (Bullish)
5. RSI: Above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)

Conclusion: 6 Bull 0 Bear

Entry Price: 0.505
Profit Taking: 0.52, 0.535, 0.55, 0.565
Cut Loss: 0.46