Well UEMLAND successfully break the resistance at 2.9 this time and breakout higher?
Observation
1) Trend - Sideways
2) HH - Formed higher low at 2.71 and go up and now testing the resistance at 2.9 ( Bullish)
3) MACD - Still in Positive and histrogram going up ( Slightly Bullish) and awaiting for Golden Croosover
4) RSI - Now at 44% and going up and awaiting to break the 50% for further strong bull ( Bullish)
5) ADX - Momentum weak and bullish
Conclusion
Waiting for this counter to break the Resistance at 2.9
Stoploss - 2.68
Take Profit at 3.00 (R1) and 3.17 (R2)
Observation
1) Trend - Sideways
2) HH - Formed higher low at 2.71 and go up and now testing the resistance at 2.9 ( Bullish)
3) MACD - Still in Positive and histrogram going up ( Slightly Bullish) and awaiting for Golden Croosover
4) RSI - Now at 44% and going up and awaiting to break the 50% for further strong bull ( Bullish)
5) ADX - Momentum weak and bullish
Conclusion
Waiting for this counter to break the Resistance at 2.9
Stoploss - 2.68
Take Profit at 3.00 (R1) and 3.17 (R2)
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