The market is still in correction mode in TF Weekly. Instability in Politics will drive the situation worse. Wave 5 will make move after Wave B running FTSEMYX:FBMKLCI
Currently on Phase E wyckoff cycle, doing rally, with solid 15 min/1h structure, volume is still decent, good for long and swing . Could go wrong if * big volume of dumping *Political uncertainty *Others systemic factors
Looking for a solid structure at 1h, would be better if small increasing volume coming in as well. Price at a key level, possible for a "spring" to occur, before flying . A solid uptrend trendline as well, that gives more confluence. Could go wrong if : A support trend line being broken, with high dumping volume Other systemic factors