A bullish butterfly formed in hourly chart (06/04/2020). The price soared & exceed the projected target price 2 to RM 2409.
The price is sliding from RM 2409 & it may re-test the projected HOP level for another entry opportunity in the PRZ.
Entry - RM 2230
HOP - RM 2188
TP1 - RM 2320
TP2 - RM 2376
The price is sliding from RM 2409 & it may re-test the projected HOP level for another entry opportunity in the PRZ.
Entry - RM 2230
HOP - RM 2188
TP1 - RM 2320
TP2 - RM 2376
I'm deeply sorry for overlook the pattern. The previous ratio is incorrect. Kindly refer to the picture below for the correct ratio of the pattern.
Entry - MYR 2260
HOP - MYR 2230
TP1 - MYR 2339
TP2 - MYR 2387