mhanishanafi

ENGTEX: Possible Reversal setup

MYX:ENGTEX   ENGTEX GROUP BHD
QM reversal setup.
Price breaks previous LH 0.625, which is a reversal signal.

TP1 at HH setup 0.645.
TP2 at fibo 161 confluence supply zone 0.68-0.69.

Demand zone confluence with fibo 161 pullback zone.

Setup will be invalid if price breaks below 0.555.

Lets monitor closely!

*Personal opinion, trade at your own risk*

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