TFJ153

wait the BoD and turtle buy

Long
MYX:EG   EG INDUSTRIES BHD
Still uptrend , bull in control
wait the fast turtle buy , Fift BOD
set up at Fib point 0.455 , stand by

Support 0.44 ( 3%)
resistant 0.49 , 0.51 ( 7% )

analysis
Question you need to ask yourself :-
1) Is it UPTREND ? yes ema 20>ema50
2) Is it BULLISH ? yes price >50
3) Is it STRONG BULL ? Fift green all the way
If yes,
4) Where is your Support and Stop Loss ? Support 0.44 ( 3%)
5) Where is your Entry Point ? 0.45 (wait)
6) What is the % risk (Stop Loss - Entry Point)/Entry Point = 3%
7) Can you take this N% risk ?
8) you got a setup , yes wait Fast turtle buy
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.