Moodeng bullish scenario

5 Jan

Moodeng price has broken down from the macro trend and looks to have found a bottom.
Bullish price action has been formed with what appears to be consolidation over the last 2 weeks. Good area to enter a long with invalidation below the previous low. Upside potential makes a good RR. Alternatively wait for a retrace closer to the local bottom and enter there.

8 Jan

Catatan

Price has fallen below our local low.
Waiting to see if price finds support at the previous low.
If price loses this level, wait for price to find a base potentially at the next support level down (see chart).

8 Jan

Order dibatalkan

will post another chart for this.