HafiqAiman

Hextar Global..Hidden base act as powerful area

Educacional
MYX:HEXTAR   HEXTAR GLOBAL BERHAD
Hidden base is actually a rally base rally in Technical Analysis and always overlook by many traders. A simple way how to find this area
1. Look to the left and find most obvious support/resistant. A shadow or body is fine, both can be use as long as your line touching the candle body or shadow.
2. Find the breakout Candlestick. Go to lower time frame one by one..W> D>H4>H1>M30>M15>M5
3. In line with the S R, Mark area from high to low ( shadow to shadow) of rally base rally pattern.
4. Find decision point area.

This technique have higher chance of getting High reward vs your risk. Chance of sniper entry also got higher. Price always react for the first time back/1st retest/ 1st entry. For 2nd retest/ 2nd entry, price usually react in decision point area which below from the low candlestick 1st retest
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