Disclaimer On, personal opinion not financial advice.
Thing to consider:
- HSMP just close below gap, then making some bull run
- There is upper gap that can be considered
- Slow Stochastic(24,15,10) show that we're now at deep oversold
- Bull Inside bar just created today
Trade plan:
- make entry around Fibonacci 0.236 (1395)
- Cut loss below 0.236 Fibonacci
- TP at couple target 1480, 1555, 1630. because there will be some resistance area.
- it's a good sign when tomorrow candle close above the EMA21
Thing to consider:
- HSMP just close below gap, then making some bull run
- There is upper gap that can be considered
- Slow Stochastic(24,15,10) show that we're now at deep oversold
- Bull Inside bar just created today
Trade plan:
- make entry around Fibonacci 0.236 (1395)
- Cut loss below 0.236 Fibonacci
- TP at couple target 1480, 1555, 1630. because there will be some resistance area.
- it's a good sign when tomorrow candle close above the EMA21