danandyo

Bearish Bias on MDKA

Short
IDX:MDKA   MERDEKA COPPER GOLD TBK
The gold and copper company would still weakening since the HnS pattern appear to break it's bullish trendline with multiple bearish divergence. 2000 would be a sweet spot target of this market. Sell short should be your consideration if trade on cfd market and patient to wait to start accumulation on price target ( demand level ) as you trade on a spot market. Invalidation start if the price close on above 2900 and get back to the bullish trendline again