First uptrend finished, price breakout the box which consolidated 1 to 2 weeks.
There is two possible entry trade coming days:
(1) Breakout Entry, follow the strong uptrend with volume.
(2) Wait price retrace and a confirmation of rebound.
Since no resistance line on top of price, taking profit target can be set above 2R unless price appear huge bear candle with high volume.
Initial stop loss set at recent low 2.40 or 2.52 (short term trade).
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I am a profitable trader, here is the watchlist for BursaMalaysia Market.
-TGL Engineered Excellence-
There is two possible entry trade coming days:
(1) Breakout Entry, follow the strong uptrend with volume.
(2) Wait price retrace and a confirmation of rebound.
Since no resistance line on top of price, taking profit target can be set above 2R unless price appear huge bear candle with high volume.
Initial stop loss set at recent low 2.40 or 2.52 (short term trade).
================================================================================================================================
I am a profitable trader, here is the watchlist for BursaMalaysia Market.
-TGL Engineered Excellence-