+Triangle Pattern break out
+Bullish engulfing candle
+At high volume zone at fixed volume profile
+At golden ratio Fib Retracement
-Last Quarter earning less
We can see clear confluence on 6060 as below. Good sign to enter.
1- Breaking through the channel
2- Breaking through an old resistance level
Interesting to see whether it will have a pull back or will keep shooting.
I am a beginner trader and bought 4010 at 23.54 SAR based on below. Only using the basic technical analysis till now as i'm still learning.
1- Structure broken (Resistance broken 8-Jun-20)
2- High volume and Bullish engulfing candle recently
3- EMA(50) overlapping EMA(200)
Target is short term trade and will close if reaches around...