{SWC} EcoWorld International: Moving Averages with Candlesticks

Thank you for your continued support :)
Strategy: Moving Averages Formation (Swing Trade)
Bias: Bullish.
As seen in the chart, all three are moving in bullish formation. On the 8 Jan 2020, the price pierced the 50% key level and the Green MA, yet managed to close above both by the end of the day. A stronger sign is given on the next day when the price closed above the previous day's high.
Stop-loss: 0.860
1st Target: 1.40
Gentle reminder: Plan your trade and trade your plan. Peace out!
Strategy: Moving Averages Formation (Swing Trade)
Bias: Bullish.
As seen in the chart, all three are moving in bullish formation. On the 8 Jan 2020, the price pierced the 50% key level and the Green MA, yet managed to close above both by the end of the day. A stronger sign is given on the next day when the price closed above the previous day's high.
Stop-loss: 0.860
1st Target: 1.40
Gentle reminder: Plan your trade and trade your plan. Peace out!
İşlem aktif
The target should be RM1.14 :) Thank you for your continued support :)İşlem kapandı: durdurma seviyesi
28th Jan 2020 was a clear invalidation at the stop-loss, if the lower shadow of the previous day left any doubts.Following that, 30th Jan 2020 saw a bearish breakout.
Stay safe everyone, don't overextend your risk level, 'til next time~
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.