CADSGD looks good to go LONG now, but looks can be deceiving!

2019年11月3日

Reasons behind this idea:

1. Detected bullish squeeze on the 1Hr Timeframe by our algorithmic systems.

2. Stochastic indicators are headed in the oversold zone.

3. Bullish hammer candle pattern on a support trendline.

Caution: MACD indicators have crossed bearishly.

---------- Chart Drawings ----------

Red Line: Resistance Trendline
Blue Line: Support Trendline
Purple Line: Suggested Stoploss
Green Line: Suggested Take Profit


Please trade responsibly and good luck!

2019年11月3日

註釋

Here is a screenshot of the idea from our mobile app ibb.co/KV92N5S

Please note the app is still undergoing internal testing.

2019年11月9日

交易結束：達到停損點

Support blue line is broken and is now the new resistance line until it holds.

Here is the screenshot from our mobile app showing loss for the trade idea. ibb.co/JHWYrV8

2019年11月20日

註釋

In this scenario the breakout was not fake or false, the market respected the new resistance trend line (blue line) and fell further down.