Today we were enthusiastic in the morning when it shot to 0.89 with high volume but it was not able to sustain and retrace down .
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bearish Crossover ( Bearish) and let hope for a 4R1G soon for bullish reversal
4) RSI -Retracing toward 70% ( Undetermined and need to know on the next day whether rebound or penetrate through it)
5) Sto - Broke below 80% with bearish crossover ( bearish)
6) ADX - Strong momentum and momentum ( Super BULL)
7) Candle Stick Shooting star (bearish reversal) .
8) Volume Distribution - High buying pressure with high volume ( Bullish) but someone is pushing it down in the last hour..
There is a shooting star which is a strong indicator of bearish reversal and let aim to cut loss if it goes lower that 0.8
Entry Price 0.85 above 10K lots ( REACHED)
Resistance at 0.94 & 0.99
Support at 0.80 and 0.75 ( recommend by CP TEH based on the Peak Volume, thanks CP TEH )
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)