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Sunday, July 10, 2011

Gadang broke the resistance and hit our entry price.



Psst, did we mention to buy Gadang at 0.7 over the FORUM....  . Now already hit our entry price and you will know why..










Observation
1) Trendline - Uptrend ( Bullish )
2) Formed higher low- ( Bullish)
3) MACD -4R1G ( Bullish )
4) RSI -Rebound at 50%(  Bullish)
5) Sto - formed bullish crossover and break above 50% (Bullish )
6) ADX - low momentum and bullish (Bullish)
7) Candle Stick - White candle after dragonfly doji (Bullish Reversal.)
8) Volume Distribution - BuyingPressure is strong (Bullish )


0 Points







      8 Points






Conclusion


Winner BULL
It has formed a bullish reversal and hit our Entry Price
Entry Price 0.7
Resistance 0.735 and 0.765
Support 0.675








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