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jonshlim
Feb 21, 2021 7:11 AM

QES will further Pullback Short

QES GROUP BERHADMYX

Description

There is possibility QES will further retrace to near 535 area, the next strong support after it closed within the current strong support zone between 600 and 560 with the slowing momentum.

The best entry price will be between 535 and 540 to take advantage of possibility the price will be pushed up just before QR for the coming week.

Disclaimer: Trade at your own risk.

Trade active

Bullish engulfing candlestick formed showing potential reversal to upside.
Comments
kenneth86gkm
Is that a evening star before the engulfing?
jonshlim
@kenneth86gkm, Yes it is. The top peak candle can be either bullish or bearish. Expecting another 2 days of retrace.
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