B.I.G INDUSTRIES BHD FORCAST : SELL
- on the monthly chart : we notice the price had reachd a level that it didn't hit for a very long time
- on the weekly chart : hitting the resistance level with force but rejecting it
- on the daily chart : the last candle shows a clrea rejection for that level and a confirmation today
- personal opinion : the price reachd that level with good force and momentum to break it . but that last candle on the daily shows a massive decrease in that force wich might cause a rejection . so i say theres a 80% chance the price will reject the level cause of that candle and also the history of the price and how it behave near it
- best move : SELL
- on the weekly chart : hitting the resistance level with force but rejecting it
- on the daily chart : the last candle shows a clrea rejection for that level and a confirmation today
- personal opinion : the price reachd that level with good force and momentum to break it . but that last candle on the daily shows a massive decrease in that force wich might cause a rejection . so i say theres a 80% chance the price will reject the level cause of that candle and also the history of the price and how it behave near it
- best move : SELL
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