BIMB has recently closed above resistance at 3.80 preceded by a Golden cross, significant move above downtrend line and a valid double bottom which confirmed a trend change from May 2019 collapse. Technically, it will continue rising higher to the next resistance, coincide Fibonacci target 1.618 at 4.45.
Minimum target 4.45
Exit - Close below 3.0
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Minimum target 4.45
Exit - Close below 3.0
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Trade closed: target reached