Trend Runner Trading Adventure

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Tuesday 5 July 2011

MRCB (1651)

Entry price: 2.28
TP: 2.34, 2.4
CL: 2.24
RR:1.5
Resistance: 2.35,2.41
Support: 2.25
Trend: Break above symmetry triangle with high volume today. (break 2.25 resistance this morning, second half will test 2.28 resistance) Bullish
ADX: Bullish with momentum
MACD: Bullish start to rebounce
RSI: Yesterday below 30%, today will break above 30%
STO: above 50%, bullish
Conclusion: Bull win 5 points, bear 0 point

Posted by XTrader at 23:32
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2 comments:

  1. XTrader6 July 2011 at 06:53

    Today close at 2.30, above our entry price. ADX, MACD, RSI, STO showing strong bullish signal. Hope tomorrow continue to bull!

    ReplyDelete
  2. XTrader7 July 2011 at 08:22

    Candlestick show shooting star today (bearish signal) But don't worry, the ADX, MACD, RSI, STO still showing bullish.

    ReplyDelete

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