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Resilient_Trader
Feb 3, 2022 10:07 PM

UZMA Long

UZMA BHDMYX

Description

Hi,

Latest BRENT OIL price on 4th Feb 2022 (6.05AM - (GMT+8) is above 90.00 USD per barrel, most likely O&G counter will in play, for UZMA, the resistant is 0.50, if price can break and maintain above the resistant at 0.50, can consider to entry above 0.50 (RBS - Resistant Become Support).

Where to TP? Fibo level 1.618 @ RM0.550 - RM0.555.

Where to CL? If CANDLE CLOSED below RBS level, kindly CL (Cut Loss).

Thank you.

Regards,
MR.H

Trade closed: target reached

Target RM0.555 achieved !
Comments
amxykkaioken
Already break brent 100. Can go far? Lets wait and see
Resilient_Trader
@amxykkaioken, most likely, tomorrow will gap up...
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