IOICORP TRADEIOI Corporation BerhadMYX_DLY:IOICORPfarisikramofficial On the 4hr chart, price broke a multi-month resistance thats been tested multiple times with significantly high volume. It then pulled back into the resistance turned support zone at around 4.05 which coincidentally is the value area low for the anchored volume. This indicates that there were large orders placed at that price and the big money are willing to defend it. On the second low of the double bottom that formed at the zone, theres a hammer candle with a long wick to the downside (possibly to capture liquidity) forming. That marks our entry. Stops is 1 ATR below the low and aim for 1.8:1 rr ratio although could possibly aim higher since its a reversal trade.