gap up go up scenario tdy... support : 2580 -2560 resistance : 2620-2630... higher resistance : 2690-2700
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-
reaching the 1st support level --- 1587 -1590... 1) long 1587, 1st tp 1606, 2nd tp 1616 This is trade no 83) frm haidojo trading. this is one of the trade in the last 2 possible trades...fkli-july din make a Double-Top as expected...reaching the 1st support level at 1587-90... or if you can wait, the second support level at 2560-2555... support level :...
this is trade 84) frm haidojo trading..as predicted earlier, fkli has broken below the 1587 and went very close to the 1555-1560 level, but not touching it... so now after breaking tru 2 level of supports, which are 1587 and 1570 (I have to confess, I totally missed this)...now price has found a new support level at 1563...somewhr in between 1560 and...
hi, this is trade 81) frm haidojo trading. I am presented with 2 possible trading opportunities in fkli-july... 1) for a possible counter-trend trade, if formation of Double-Top happens near 1616-1620, and RSI OB(Overbought), then go for short with the 1st tp near support level 1580, 2nd tp near 1560...make your SL possible like 5-10pts abv entry... 2) if you...
still uptrend, reaching the 1st resistance -2560... might retest the next level at 2630...or retraces back to previous resistance-turn-support, 2476-2500...the end of fcpo-sept, new active month is fcpo-oct... current support/resistance : 2560 higher resistance : 2630 lower support : 2476 - 2500 psychological number WARNING :THIS IS FOR...
this is trade no 80) frm haidojo trading... bearish divergence is formed in daily chart for fkli-july so it is possible a signal for reversal... fkli is facing resistance for 1620-1640 range... current support level : 1580 lower support level : 1560 thr is no confirmation shift of trend yet...therefore shorting the market seems to be a bit too...
this is trade 79) frm Haidojo trading...fcpo-sept has broken to the upside to test further resistance frm 2560-2630... full steam ahead...! with 2 more days before the exchange date on 16th of the month, so I guesss the price is going to go wild... overhead resistance : 2560 -2630 support : resistance-turn-support 2474-2500 psychological number market is...
this is trade no 78, an added info to the same fcpo chart... introducing a breakout killer - "false breakout"...today false breakout has yet shown its ugly head again...if you trade a breakout strategy then you need to add extra filter to eliminate those bad trades...well, I have found one...hehehe...let's share yours if you got one...tell me in the comment...
fkli continues its uptrend, despite having some political issues in the Parliament...which is not suitable to be discussed here...however, for most of South-East Asia's countries, politic cannot be separated from its economy...that's the hardcore facts... current resistance : 1620-1640 support : 1587-1600 strong support : 1556-60 I am no expert, but I am...
FTSEMYX:FBMKLCI Due to unprecendented market intervention by various central banks, we are witnessing an increasingly volatile market. Gone are the days where market moves in orderly manner with orderly pullback in between. Instead, corrective waves are exhibiting strong movements akin to impulsive moves. Market can be imagined as having two throttles at extreme...
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...
Securities Commission (SC) of Malaysia, which has banned short selling on Bursa Malaysia, has further extended its date from June 30 to Dec 31, 2020
fcpo finally gave a breakout on last friday, breaking through the immediate resistance frm 2400-2420...uptrend continues resistance : 2470 next level resistance : 2580- 2600 support level : 2440 lower support level : 2400 - 2420 pls give a like and follows, thx
Detail @ The Chart. p/s Inside any impulsive, there is ONLY abc waves not 1,2,3,4,5 waves.....
normally, I dun use indicator as buying or selling signal...juz use them as tools to check trend...try this one, Moving Average-200 day for checking fkli daily chart...SMA works better, but this one juz fine... EMA normally goes with lower timeframe.... leave me a message if I were wrong... look like the bull and bear are still playing "tug-of-war" between...
sideway since 3rd June 2020...market more bias to trending to the downside, but as long as the competition of bull and bear has not shown any edge over the other, sideway market will continue... resistance level : 2380 -2420 support level : 2300 -2320 if you trade trend, this is the time you "die"...either by the untrending pattern or because of boredom...
"2618" means 2 tops or double tops, then follow by retracement back to 618...then usually a downtrend... of course, this is juz a trading idea, no indication of buying or selling... strong resistance : 1584-1600 current resistance : 1560 current support : 1500-1520