Hello ! Here is my trading idea on $WILMAR INTERNATIONAL LIMITED(F34.SI)$
Price just broke out of the descending trendline resistance ![Tongue]
We can expect price to push up from the Pivot level ,in line with 38.2% Fibonacci retracement, towards the Take profit level in line with 78.6% Fibonacci retracement and 161.8% Fibonacci projection. [Call] [Eye] [Strong]
Potential Buy Entry @ 4.31
Potential Take Profit @ 4.56
Potential Stop Loss @ 4.25
If you wish to use leverage on this, you can consider using $Wilmar 5xLongSG220225(DFHW.SI)$
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