About to breakout??

29 Oca 2022

NGGB

Technical Analysis

MACD not yet crossing to show buy signal.
RSI above 50% shows some strength for the price.
ADX is buy signal.

Trading Plan

Buy: 1.020 - 1.030
Cut loss: if price close below 0.975
Cut loss %: 5.34%
R-R ratio: 5.64


Notes:

The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade.
Due to bad market condition, the price might only move slowly.


Disclaimer:
This is not a buy call. Only sharing of idea.