TradingView
ringgitlab
Jul 26, 2022 4:20 AM

MYEG - Formation of bullish butterfly pattern? Long

MY E.G. SERVICES BHDMYX

Description

Price is currently at demand area and formed potential rejection on 26/07/2022.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?

Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685

Resistance:
RM0.805 / RM0.835

Support:
RM0.74 / RM0.675

Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.

Comment

Reach our first TP at RM 0.805.
Let's see if the price can reach the next resistance at RM.835.

All the best and don't forget to keep supporting Ringgit Lab.

Trade closed: target reached

Congratulations! Reached our target price at RM0.835 on 06/09/2022.

Don't forget to follow us to get more trading idea.
More