Piercing line candle stick chart pattern was formed on 29/30 of jun, it is strong reversal signal and also wave 3 impulse wave kick start(check out my blog, as this follow up trade Click here). Today candle is rising window which is bullish implication candle, base on pass history data suggested 75% probability, 2nd of july will close green and 25% of probabilty it will back to the window and close the Gap. I would say if gap closing occur will offer trader to collect it. I am anticipating penta most likely will continue rally on tomorrow(2nd/July) and should try immediate resistance $0.775 and breakaway from it and heading to target of $0.900/0.955.
Penta Chart; Raising window -Penta is on rising window ,pass history data suggested 75% of probability it will close green on tomorrow and should try 0.775 very soon
Created by mwong3 | Nov 21, 2020
Created by mwong3 | Nov 18, 2020
Created by mwong3 | Nov 18, 2020