Engtex broke the weekly trendline and next will go...Engtex just broke from corrective wave (flat) in monthly chart.
Once first breakout and retracement done, next will wait for second breakout to the sky~
Is all about elliott wave analysis
✅ naked chart analysis, ❌ indicator
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
Engtex
ENGTEX - Bullish Breakout/ Where's the Next Resistance?Laburlah Technical Coverage (18-MAY, Friday):
ENGTEX
Technical Analysis Breakdown
1. Trend: Bullish breakout
2. RSI & Stochastic: Bullish
3. MACD: Bullish
4. Resistance level: 1.23
5. Support level: 1.09
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
