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HAIDOJO_trading
Jul 20, 2020 4:21 PM

FKLI TRADING : 91)formation of "head-and-shoulder" pattern 

FTSE Bursa Malaysia KLCI FuturesMYX

Description

this is trade no 91)...haidojo trading here...we are right at the support level now, 1587-1594...

the neckline is range frm 1550-1560, as long as this neckline is not broken, uptrend still persists...However, as lower-high and lower-low are formed, then higher possible that the price is moving downside...

higher resistance level : 1616-1620

immediate resistance : 1608-1610

so now , it is either sideway or reverse...unlesss 1620-previous high is broken, then onli uptrend is confirmed...

WARNING : this is juz a trading idea...trade at your own risk!


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