this is number 313...
Today is 28th Dec 2021, and fkli-dec is in uptrend. However, it is unsure the direction of the trend will resume in the new year 2022 as this might be a window-dressing activities? As for me, I trade what I see so "buy on retracement" is the winning strategies now. Don't get involved juz bcox u wanto get involved or make some money. The...
this is haidojo and the number is 312 ...
Today is 28th Dec 2021 and fcpo-March22 is the new active third month. This is my second post after the commencement of the T + 1 night trading since 6th Dec 2021. Night trading is not that merry, but it is still too early too say. The impact on the fcpo market is still mild but it has great effects on the traders who...
this is haidojo and the number is 272 ...
after hanging in tight range for a few days, fcpo-may has stricken again!
the market has gripped the uptrend flight again and now we can see the bull is dancing towards an uptrend staircase...
what is interesting though is now we have past the previous high which was formed in early Jan this year, ranging frm...
after breaking down the big picture or the so-called the "bird's-eye view" frm daily chart, now we go to the lower timeframe at hourly chart...
if the support level frm 3600-3645 can hold, then there is still a possibility that the market will rebound back...so till then, officially fcpo is in uptrend...yeah, I know, I know...we have a huge drop today...it didn't...
frm daily chart, we can look at the range for fcpo which is formed within a huge range frm 3200-3880...a 680-pts range...
as for what has happened today, if a lower-high is formed (today a gap-up-went-down hits as high as 3820 before going down all the way to close at 3670) at 3820, then the previous 3880 became a history, and then we look closely at 3200, the...
long story short---2 updates...
1) bearish cypher pattern becomes invalid as the X leg is violated...
2) the resistance level of 3720 has been breached...so long on retracement now...bull is back
*plan your trade and trade your plan... gud luck*
resistance : 3830-3880---previous high
support : 3720 resistance-turn-support
WARNING!
RISK DISCLAIMER :...
after getting "stuck" at 1615 for 2 days, fkli-feb turned to the downside, and now we are at a crossroad...1575...
if the price rebound frm here, then we might see a sideway movement or continuation of uptrend...but further below this
then the price creates a new structure low and will continue further down...
bcox the daily chart is still in downtrend, therefore...
based on my analyst on 16th Feb 21, as long as the support range frm 3500-3540 hold, then we have a chance to see a rebound to further high,
but unfortunately, that support level didn't hold. Instead, a breakout frm a classic head-and-shoulder pattern appears and a reversal has happened...the "neckline"---3540 has been broken down, and new low reached...
his is haidojo and the number is 260 ...
a possible formation of bearish gartley pattern near the resistance level- yes, this is called "deep gartley" pattern...
entry 3480- 3494, SL abv 3500, 1st tp 3370, 2nd tp 3305...
another one is ....? dunno yet, but possible another gartley pattern or bat pattern...but a bullish one...
so this one stays put first...
so,...
his is haidojo and the number is 259 ...
fcpo-apr shows another round of sideway market now...so what to do now is bracketing the market...
set up the high---resistance and the-low---support... then in the middle what might happen is formation of advanced pattern in between...
(the one I draw with yellow-color)...
if the price breaks higher than the resistance-...
this is haidojo and the number is 258 ...
juz as bull seems like coming back and all things look shiny and glittering, all of sudden today we had a 80-pts gap down and went down...
at last, it closed at -160pts++ frm the previous day...
so now market is going down, unless the resistance 3460 is reverse, then we might have otherwise...
watch closely as the support...
this is trade 257 frm haidojo trading...
my opinion really is bearish for the market especially fkli and stocks...but what to do? market and its participants have other idea...
basically, this is sideway market...we will have sudden ups and sudden downs in fkli...until significant level of resistance and support is broken...
now, I spot a bullish cypher pattern...
this is haidojo and the number is 251 ...
as for what has happened today is...a glimpse of possibility of reversal of the trend...
Why I say that?
I saw the first sign of reversal ----which is bullish divergence in hourly chart/timeframe...
but all counter-trend traders, hold your horses first, it is not that simple...I don't mean that fcpo-apr will reverse tmr...
this is haidojo and the number is 245 ...
After playing sideway for 2 days, fcpo-march has formed new support level, lower level at 3660-3680, another one at 3775-3800...
but one more thing, next week is the last week before the exchange date, which happens every month on the 16th,
so the interest for trading fcpo might fall drastically and the inevitable boring...
