MyTradingSpace_JK

MyTradingSpace_JK

Weakening momentum finally coming into effect. 🐻 First close below UTL-L1 since July, potentially find L2, which resides near S1: ~260x Sideway box between 2600-2800 thus far, if S1 fails, look for next support zone, S2. Major Levels to Watch: ⚠️ R2: 276x-8x R1: 270x-2x S1: ~260x S2: ~250x My latest mobile updates available on TeL egr am ;) Happy...

MyTradingSpace_JK

Failing to stay above: 1) Major UTL carrying rally from 12xx COVID-lows 2) Unable to stand above 158x-160x immediate resistance zone These will lead to further correction. 🐻🐻 near term target: S@~150x-2x, daily ema100 Refer back prev FKLI post for multiple horizontal support zone; also, not to forget mid-term major correction back to 140x which is still in...

MyTradingSpace_JK

Prev post support target, S1: 154x-6x reached~ ✅ After whipsawing between 158x-161x for the most part of July, I believe we'll see further weakness on the index in August month; with prolonged momentum weakness since June top, while price now testing the major UTL carrying rally from sub-1400. ⚠️ Watch: UTL (blue), If UTL fail, we will see further weakness...

MyTradingSpace_JK

Decided to check on the long-term big picture, following CPO recent strong up-move towards 2800 area (again!). ---- marked: grey zone 2600-2800 zone is kinda midpoint to the decade-long correctional pattern following '08'09 subprime crash. A fib plot of the sharp plunge, shows each levels coincides well with CPO major support & resistance zone. As of...

MyTradingSpace_JK

Momentum & price action suggest final accumulation round post-COVID plunge has completed. Latest base formed ~17x-27x$ zone, launching price towards prev major LH, R1 @ ~36x$. Shall R1, ~36x$ breached, ready for solid rally towards: R2: ~500-600$ R3: ~800-900$ Can't quantify FOMO power, if market overheat, watch for reaction near $1,000 mark, of coz~ 🤩💪🏻 Happy...

MyTradingSpace_JK

The week started weak, despite a high close on Friday. Past week's momentum weakness effect kick in, immediate UTL (blue) violated, potential retest ~2500 mark shall price stay below R1 ~270x. Happy Hunting! 🚀🚀 -JK- MyTradingSpace

MyTradingSpace_JK

Strong rally, as price continues to break higher, momentum has been weakening since July15. Thus, may see some sideways consolidation ahead, before market decides its next major move. At the moment, still early to set the boundaries for potential sideways move ahead, For now, potential range between 260x-270x, or wider, will update as price develops. :) Happy...

MyTradingSpace_JK

continual weakness as price failed to stand above 1600 mark 3times in a row in July. Shall 158x fails to hold, we may see weakness towards 154x-6x support zone. Meanwhile, mid-term ABC correction still in progress... ;) Happy Hunting! 🏹🎯 -jk-

MyTradingSpace_JK Updated 

Temporary top on FKLI, companied by weakening momentum, short-term favouring bears. 🐻 Quick Short idea, in line with the major Bearish ABC correction wave view. Refer: July06 FKLI post below 👇🏻👇🏻 Happy Hunting! 🏹🎯 -jk-

MyTradingSpace_JK

CPO still playing within 230x-240x range, which has pretty much defined price movements back in June. Next test on S1: ~230x will be crucial for CPO mid-term (3Q2020) outlook. Slight biased to the bears as of writing. Shall S1 fail on next test, major target will be S2 zone. Levels to Watch: Major R: 244x-6x Major S1: 230x-3x Major S2: 220x-3x ...

MyTradingSpace_JK

Mid-term ABC Correction went as expected, see prev post from June15. June15 - FKLI (1D) - Mid-term Correction towards 140x... 👇🏻👇🏻 Currently, we are in waveB (see: baby blue arrow marker), which may find resistance near R1, 154x-6x. Declining volume suggests/confirms the correctional-upwave. I'm positional Short for FKLI, holding thru next potential...

MyTradingSpace_JK Updated 

Thursday June25 gap down violated Daily UTL... 👇🏻 Momentum weakness, look to S1 as potential first support zone. Important Levels to Watch: R2: ~246x R1: 240x-2x S1: 240x-3x S2: 220x-2x Happy Hunting! 💰🚀 -JK- MyTradingSpace

MyTradingSpace_JK

BTC looks ready to finally breakout the solid $10,000 mark. Bull cycle has begun since retesting 3.5-4k lows amid virus crisis. Daily Ascending triangle pattern nearing completion: Happy Hunting! 🚀💰 -JK- @ MyTradingSpace

10:00

MyTradingSpace_JK Updated 

Hi Guys, as usual, start the year with annual outlook on FKLI & FCPO. First try on video commenting, microphone volume was abit too low, just turn up your volume will do ;) Hope you like it! Happy Hunting & Happy 2019! -jk-

10:00

MyTradingSpace_JK

Hi Guys, as usual, start the year with annual outlook on FKLI & FCPO. First try on video commenting, microphone volume was abit too low, just turn up your volume will do ;) Hope you like it! Happy Hunting & Happy 2019! -jk-

MyTradingSpace_JK Updated 

After comparing different possible counts, I feel this is the closest possible scenario for next few month's BTC moves. My target from previous March wave count post remained: 3-4k, or potentially overshoot below 3k on panic selling. Its a Looooong winter for BTC, but I'm very confident that the ensuing Wave5, which will resume previous incredible climb, it...

MyTradingSpace_JK

I'm expecting a potential last small upwave (e), within the Daily triangle structure of abcde. Last wave (e) may truncate/overshoot, given the FOMO nature of the newborn BTC market, I'm more biased to the later... higher possibility of an overshoot to form a Bull Trap, triangle pattern gives 7800-8000 as upside target...before continuing down to form a higher...

MyTradingSpace_JK Updated 

An Update to the previous wave count... So far, the price progression has been following WaveB (flat 335) prediction pretty closely... Expect a Bull trap near the flat wave (c) top, a false break of 12k pivot LH, then a quick resurrection of the BEARs...