ShareWorldConsulting

VELESTO, Retracement to MA and Fibonacci Confluence

Long
MYX:VELESTO   VELESTO ENERGY BERHAD
Bias: Bullish. After touching high of 0.410, price retraced and seemed to found support at green MA. The 38.2% fibonacci level was briefly violated but managed to close at exactly 0.365. #pullback

Stop-loss: 0.350
// 50% price retracement.

1st target: 0.410
// Previous high as resistance.

Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!

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Trade fermée: cible de profit atteinte:
Reached target at 0.41 followed with further sideways consolidation.

Thank you for the support :)
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