BALADNA forming a rounding bottom pattern and it's best to remain patient.
In BLDN daily chart, it shows wave 1, 3 and 5 are motive waves and they are subdivided into 5 smaller degree impulses labelled as (i), (ii), (iii), (iv), and (v). Wave 2 and 4 are corrective waves and they are subdivided into 3 smaller degree waves labelled as (a), (b), and (c). The 5 waves move in wave 1, 2, 3, 4, and 5 make up a larger degree motive wave...
Standby at MA-200 in daily chart...wait for the price to bottom out before buying it. High potential to quickly rebound...
Still awaiting for breakout confirmation on the MACD indicator in daily chart. Get ready to ride the trend!
Waiting for the next candle to reversal and flip back into the UTL. Breakout confirmation candle to trigger the long entry.
- already tested the support line and completed the "double bottom" - insyaAllah will rebound next week - bullish candle stick pin bar on last Thursday, strong indicator for entry.
Higher low, lower low. Good entry at the dips. Shall wait until price retest of previous lows.