Trading Idea: Edaran BHD
A major Break of Structure (BOS) has occurred, indicating a potential increase in the market price. Following this, a liquidity sweep suggests that buyers are gaining momentum, possibly absorbing sell-side pressure.
A minor BOS and the presence of a bullish Marubozu candlestick on Weekly provide strong confirmation for a potential long entry.
• Entry Price: RM1.54
• Target Price: RM2.56
This setup indicates a bullish bias with expectations of continued upward momentum.
A major Break of Structure (BOS) has occurred, indicating a potential increase in the market price. Following this, a liquidity sweep suggests that buyers are gaining momentum, possibly absorbing sell-side pressure.
A minor BOS and the presence of a bullish Marubozu candlestick on Weekly provide strong confirmation for a potential long entry.
• Entry Price: RM1.54
• Target Price: RM2.56
This setup indicates a bullish bias with expectations of continued upward momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.