traderfizfx

BUYING THE DIP!

Long
MYX:MMCCORP   None
Price break previous Resistance with strong bullish momentum and that's a sign for us to entry when the price retrace back to the breakout area. I expect the price might pullback to 0.5 Fibonacci level or worse case scenario it will retrace deeper than that which somewhere around breakout area (now become Support). Two possibilities here and we just monitor to ensure the price approach to that level slow selling momentum or in channel movement.
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