Assalamualaikum and hi Traders!
As for now, there is no sign of bottom for the downward movement on yesterday session.
I'll stick with the bear for now until the end when it bends.
Retracement or a beginning of a new trend?
I don't know. Let the market decide.
Embrace the probability
Trading is a business based on probability.
Never certainty.
Happy Trading
pengiran-
KEY LEVEL = 336.1
And so it begin, wave 3 that we all waiting for.
The attention is now focus to the downside.
For this wave 3 idea, the price shouldn't and have no business to go beyond our key level.
breaking the key level from previous analysis is a clear signal that wave 4 still developing.
Possibility of wave to form a triangle correction, expecting price will move in 3 structure for wave d.
What come next after triangle? hehe. be happy if you see a triangle pattern on chart
Downward is still the path of least resistance.
Assalamualaikum and Hi Traders!
For FCPO, i still waiting for a clear signal/ bearish setup to support my idea that wave 5 is started.
Lets wait and see what the market has to offer us.
Happy trading!
Key level = 2348.00
For this idea, key level will be the invalidation level.
There area still possibility that wave 4 still not completed its cycle and expect another top created.
