traderfizfx

THINK LIKE A BIG TRADER NOT PUBLIC PARTICIPANT

Long
MYX:SAPNRG   SAPURA ENERGY BERHAD
As expected, price already closed the gap and breakthrough ascending triangle pattern after a very long choppy market. We can see strong bullish momentum right now as the buyer starting to participate in the market. What we need to do is to wait the price retrace back to the previous breakout pattern as a confirmation to buy entry. I forecasted the price will continue with bullish momentum until it reach 2.618 Fibo level which the next significant support & resistance level. Just be patient and watch closely the price action to buy zone entry.

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