Madi60560

EWINT created continuation patterns

Long
MYX:EWINT   ECO WORLD INTERNATIONAL BERHAD
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1
Gap up : 0.690
Gap down : 0.570

EWINT has created the Rising Wedge Pattern. It is likely that the price will go down to close the gap down first (0.570).

There are 2 shapes of rising wedge patters:
a) in an uptrend, they are reversal pattern
b) in a downtrend, they are continuation patterns

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#TAYOR
Trade active: The gap at 0.570 -0.580 has been closed. The big gap between 0.580 - 0.630 has not been closed. Finished making LL at 0.475, it seems that EWINT is going up to close the gap above. Still a long way to go for EWINT.