Buy Edaran BHD ideaTrading 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.