INDOTHAI - a range break out after 3 Month Consolidations

Mar 25

INDOTHAI

Weekly :

• Price above 50,100 and 200 EMA and probably close this week above EMA20
• Price was range bound since Jan-2026 till date.
• Nice Explosive Weekly green candle formed by current week.

Daily :

• EMA/s are in good support justify no more weakness in price
• back to Back ~ 5% move is good sign for positive move soon
• More positive delta and improving CVD

What to be next possibilities ?

• A pull back where we may long or better follow through above 284

Warning:
Trading without knowledge depth, experience and proper risk management may be harmful. I am not a registered analyst, here I am only sharing my view to trading communities, this is not any recommendation.
Do consult your financial advisor prior any trade.

Jun 11

Trade closed: stop reached

Exited as SL hit, considering as failed set up.