TradingView
HAIDOJO_trading
Aug 20, 2020 4:51 PM

FKLI TRADING :141) PRICE REJECTED AT RESISTANCE LVL Short

FTSE Bursa Malaysia KLCI FuturesMYX

Description

this is trade 141 frm haidojo trading...
a possible short position at 1574-1570, SL abv 1585, probably a few points abv it...1st tp at 1560, 2nd tp at 1550...
the reason for trading...? the price was juz rejected at the resistance level, 1577-1585...

higher resistance : 1616-1623 (recent high)

resistance : 1577-1585 (reversal to bull)

current support : 1560

lower support : 1540-1547(continue to bear)


WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!

**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
More