BCMALL continue bearish until rebound back at support... Support line 0.130.. just on ELLIOTT Wave projection... maybe the counting could be wrong or maybe can be right.. PLEASE anyone can comment if the EW count is wrong
The rally price might get reject at RM 0.310 before continuing uptrend. If this happened, there is an opportunity to entry at the buy zone.
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hidden divergence on weekly, strong uptrending ahead?
stochastic crossing on both weekly and daily chart
maybe wait for ma50 broken first
sideway game for now
This is a short term for buy pattern. that chart analysis shows how the price make a strong bullish candle in timeframe H1 the make a breakout for the trendline. The price can pullback to 0.300 to the near support become resistance. then if break the price can go to 0.320.
MYX:BCMALL
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
BCMALL potentially will do cup and handle pattern. What you need to do is to be more patient.
Let the proce retrace within 310 - 340 range. however, if this plan doesnt work, cut loss at 290
Potential cup and handle
EP - 310 - 340
CL - 290
TP - 370 and above
![BCMALL: BCMALL [30 October 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/n/NJImTd7Q_mid.png "BCMALL [30 October 2020] Buy On Dip in Support Zone")
