fikrim16

About to breakout??

MYX:NGGB   NEXTGREEN GLOBAL BERHAD
NGGB

Technical Analysis

MACD not yet crossing to show buy signal.
RSI above 50% shows some strength for the price.
ADX is buy signal.

Trading Plan

Buy: 1.020 - 1.030
Cut loss: if price close below 0.975
Cut loss %: 5.34%
R-R ratio: 5.64


Notes:

The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade.
Due to bad market condition, the price might only move slowly.


Disclaimer:
This is not a buy call. Only sharing of idea.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.