Many traders loves take risk and always remember this statement.. NO RISK NO GAIN and in Malaysia term No Goreng No Kaya..
Indicators
1) Trendline - below Downtrend ( Bearish)
2) Support/Resistance - Formed lower high (Bearish)
3) MACD - Bullish Crossover (Bullish) .
4) RSI - Rebound from 50% (Bullish) .. If break above 70% will indicate more Bullish
5) STO - Bearish Crossover and retracing towards 50%
(Bearish) 6) Ichimoku - a) Price below support cloud (
Bearish).
b) Conversion line below the base line (
Bearish).
c) Price below the baseline (
Bearish)
Conclusion:
Bearish
RISKY BUY BUT BIG GAIN..
E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.455
RRR (Risk to Reward Ratio) = 0.58 (Risky)
E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.5
RRR (Risk to Reward Ratio) = 1.33 (Average)
Slow and Steady Buy Call
E ( Entry) : 0.47 ( Ensure closed above this price)
S ( Stop Loss) : 0.40
P ( Profit) : 0.59
RRR (Risk to Reward Ratio) = 1.71 (Slightly Rewarding)
Resistance at 0.445 /0.465 0.52
Support at 0.385 / 0.32 / 0.3