HARTA: MA Crossover; Can the Half-yearly MA Provide Support?

Thank you for your continued support :)

Strategy: Moving Averages Formation

Bias: Bullish. Moving averages aligned, while price had a small bounce at the 50% key level. Monthly MA crossed over the Half-yearly MA. Green candle shows pause in bearish correction.

Stop-loss: 5.28, stop-loss is a bit tight around here; please manage your RISK.

1st Target: 5.61. Area between 5.52 and 5.61 is a resistance zone; a breakout here would be favourable.
2nd Target: 5.94
The extra levels at 6.48, 7.49 shows the confluence between key Fibonacci levels and previous key price levels.

Gentle reminder: Plan your trade and trade your plan. Peace out!

コメント:

Congrats to our members! Up to 8.41% in 15 days.

1st Target: 5.61 broken with a little gap, volume spike, and a huge, long bullish candle.

Thanks for the support :)