The daily chart indicates price exhaustion. Testing UTL, if break below.. possible correction A,B, C with the new trading range 4081~4372
Just wait, there is no thing to do instantly with FCPO1! It is really just in a trading range we are looking in next days for an opportunity.
Hi, i am making technical analysis on the FCPO (Dec 2022) chart timeframe 15 minutes. Let see if going up or down... If the price breakout the uptrend line, the double top will be used for short. otherwise, ascending triangle for long!.
It was a great chance to make BUY and SHORT everytime near the support and resistance trendline. The trend is very very true and real friend. haha
use trendline & support details of why u entry & mistake u make
Bilateral Chart pattern for FCPO timeframe 15 minutes... Let see if bullish or bearish
this is haidojo and the number is 333... "why reality in trading is much harder than those you see in advertisements? ". "Those ads which showed you it is very simple. JUz try these 3 simple steps and u can make millions." "made your setup, went shopping, then when u came home, you ald made some profits." "...and dun forget those who showed you lamboghini,...
Comment : 1) FCPO is forming a bearish flag pattern in a downtrend since the peak in May 2022. This pattern is expecting a further movement down at the end of the flag. 2) The condition of a bearish flag including associate with descending trading volume during flag is forming. Eventually, FCPO has breakout below the low of the lower channel on 1st Sept. ...
As you guys can see, it is what we predict from previous our chart analysis. It is following the direction that I have been showed. So now lets see either the market can rebound and go up towards the strong resistance ( yellow box ) or it will continue downwards. Besides that, do not neglect that we can see there is a form of pattern have shown which is Head And...
Pattern shown reversal or retracement start at 2nd attempt where the candles started to cross MA lines.
this is haidojo and the number is 330... First half of July month, it was a downtrend. Frm the low of 3500, it rebounded to the 1st high at 4080, then another round of selling to hit 3636-3700, another rebound came and hit higher at 4310 at the end of JUly, which is exactly the same high as the previous high at 4300...now, we wait for breakout of either side to...
Sellers are still holding strong but Dalian currently moving strong upward. A big gap up at 1030am might force affected Sellers to close their position and drive the market higher.
Last week closed at significant zone. Monthly trendline. Today open as change month candle push the price towards bullish as well. Target may be around 4050 - 4100
this is haidojo and the number is 328 ... A brief review of the whole June month, we could see that fcpo-Aug22 and fcpo-Sept22 were faced with a great fall or a heavy rollover all-the-way down frm RM6k ++ till yesterday, when the price had fallen below the RM4k borderline, a full 2000-pts ++ drop, marking the end of the era of RM4k, which started...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
After a few bearish days, I turn to the larger timeframe for a larger picture of the price / trend . Bearish move this week crossed the Weekly trendline with strong momentum. I see price continue moving slowly in the next few weeks before another bearish run towards the 4500 level. Consider this as the leg 1 of its bearish move, it created a lower low. And...
There might be a short bullish run as price reaches reversal zone and Weekly trendline. Current momentum shows some fading of bearish momentum. Short-term bulls may run for a while before the bearish momentum can push - broke through the reversal zone.
this is haidojo and the number is 327 ... Juz a brief update...2 gartleys in the view... 1st one, possible reversal at 6310...counter-trend trade, cannot hold too long... 2nd gartley, possible reversal at 6080...another counter-trend trade, same issue...cannot hold too long...(this is what I probably would do, no indicator of buy/sell, trade on your own...