nOtOcOndO

KHIND IN BULLISH HARMONIC PATTERN

Long
MYX:KHIND   KHIND HOLDINGS BHD
Khind's chart formation resembles that of Gartley bullish harmonic pattern as indicated in the fibo levels between waves. The potential reversal zone is in-between EMA200 and fibo618 where the price has been ranging for about 2 weeks, retesting between EMA200 and fibo618. To enter trade, the probable EP would be 3.810 to retest fibo618 and probable EP would be 4.620 which is a monthly resistance below R1. The probable CL would be 3.405 which is below point D as well as S1 and fibo786.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.