ShareWorldConsulting

ARMADA, Consolidation at High 23.6% Fibonacci Level

Long
MYX:ARMADA   BUMI ARMADA BERHAD
Bias: Cautious Bullish . After touching high of 0.550, price dropped and the correction stalled around the 23.6% fibonacci level. #pullback

Stop-loss: 0.445
// Green MA and 23.6% fibonacci retracement.

1st target: 0.550
// Previous high as resistance.

Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!

Guys, if you like the idea, please "like" it, this will be the best thanks.
If you have any questions or trading ideas, please post them in comments!
Thank you for your support, we appreciate it.
Trade closed: target reached:
Price touched 1st and only target, without breakout.
Congrats to those who profited :)
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.