VNINDEX Analysis
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That small doji indicates indecision. What does this tell us? The strength of the mini downtrend is weak.Catatan
We need to take into consideration another important factor. Look at the trendline drawn on the RSI and its readings. Price is respecting that trendline and the troughs making higher highs. Its a good indication that buyers > sellers in the market.Catatan
955.36 is a key area. This zone had strong selling. If price breaks that zone with ease and beyond the upper channel then its a good area to consider a buy. Remember this is my opinion, I'm not advising anyone to do anything.Catatan
If we apply candlestick theory this can help us analyse what's happening in the market Between the 21 of May and 6 of June we saw a nice smooth downtrend. The trend ended on a hammer pattern. This was a strong sign of a reversal but traders should be in the habit using candlestick pattern with a confirmation rather than using it in isolation. Our confirmation occurred when price gapped up. But I don't consider this a buy order. Instead, this zone reminds you of the potential future area of support. Today's outcome shows price couldn't break through this zone adding bias to the upside.Catatan
Excellent reaction. We can now see four key areas where the market found a bottom.Catatan
This shows a great deal of demand in the market. The gap is a good indication of buyers overtaking sellers.Catatan
Price needs to push through the upper channel line to consider a buy order. Remember this is my opinion, I'm not advising anyone to do anything.Catatan
The Long wick candlestick was an excellent time to place an order. A stop loss should have been placed under the lows of the triple bottom.Catatan
Look at how the Bullish candlestick stop hunted the key area 955.36.Catatan
You might question how to run this trade. I would move the stop loss each time the market makes a proper higher low structure.Catatan
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I should have highlighted it but we have double divergence.Catatan
The market is retracing slightly. 966.88 is a key resistance area. Once price breaches this zone we could have a strong fast move to the upside.Catatan
The market is consolidating in the short term. There is no real selling pressure.Catatan
The market came tumbling down but you should still be in this trade if you had your stop loss below those triple bottom zone.Catatan
Sometimes you have to be patient until the market makes a sizable move.Catatan
The good news for bullish trades is the gap we saw on the 28th. Price found support at that zone.Catatan
Furthermore, price action shows we have HH peaks and HL troughs.Catatan
The market is moving up. But there is not much result, henceforth I expect a small correction then the continuation of the trend.Catatan
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I have drawn a pitchfork along with a channel trendline. As you can see price is clogged up within this range. I would put this trade on breakeven. Remember your stop loss should have been below the lows of that wedge type pattern.Catatan
If price breaks that trendline then, in my opinion, a trader should close his position.Catatan
I would move the stop loss to 975.59.Catatan
This is because the price is rather static and all this effort (time) has gained no substantial result. You would have still made a profit on this trade.Trading ditutup secara manual
Trading ditutup: target tercapai
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.