hi, this is haidojo trading and the number is 152...
As what I had said yesterday, today is a critical level for confirmation of uptrend...
we can see today, new structure high and higher high is produced...so, "long on retracement" is the best strategy now...
"buy on dip" is another way of saying this...until new structure low is formed...ganbateh...
higher...
hi, this is haidojo trading and the number is 150...
FCPO-NOV has broken through the previous high of 2810 and formed new structure high in hourly chart...
but the new high-2825 is too close to previous one(not more than 20pts)...and a possible pin-bar in daily chart...so tmr is critical...
higher resistance : 2900
immediate resistance : 2810-2825
support ...
Harga telah mengena kat entry point line fibo hijau untuk membuat keputusan sell. Harga dijangka besok akan bergerak jatuh ke line fibo dibawah maximum di fibo 1.618.
Tayor...
Tak dinafikan adalah sukar untuk membaca movement FCPO buat masa sekarang. Price bermain dalam paras rising wedge dimana ada probability untuk melakukan reversal price kebawah.
Terdapat pattern bearish abcd dimana harga boleh extend sehingga 3133. Decision untuk sell boleh dilakukan pada harga tersebut dan potential profit boleh jatuh ke line fibo hijau dibawah...
Week 36: 31 August to 04 September 2020
FCPOX 2020 analysis
If you are still holding your LONG position from last week, now it is a good time to liquidate your position.
Currently the price is back to our Week 34 position, whereby the price is in the middle of the range, quite close to the resistance level and no momentum at all. The same as the dead silent...
Week 35: 24 to 28 August 2020
FCPOX 2020 analysis
This week is a continuation of last week consolidation, the price remains inside the up trend channel.
As we are waiting for the price to break the channel, as at today, on the lower time frame we see that the potential to be bullish is higher than last week.
This week my personal call is rather risky as the...
Looks like FCPO has jumped 0.86% ...
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On my naked sight of view..the candlestick formation last Friday showed a strong buy signal..
The question is...
Is my guess this time accurate or not? Let's all look at the results next Tuesday..
If my guess is correct, please share and like this page as an encouragement and supports for me to do more studies
Let's take...
hi, this is haidojo trading and the number is 149...
fcpo-nov continues in its boring sideway, no major breakout of any kind...just sideway grazing...
higher resistance : 2780-2810
immediate resistance : 2750
support : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
WARNING!
RISK DISCLAIMER : this is juz a trading...
hi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing...
hi, this is haidojo trading and the number is 146...consolidation breeds advanced patterns...
for the bullish gartley pattern, buying range frm 2605-2560...Stop-loss below that range, 2550 maybe...tp 2685...no extended target...
as for what has happened today, the price missed 2605 by a few points and rebound...it eventually hit the tp 2685, closing to 2700 and...
Seen the DTL to be breakout..but then it still requires a big volume to push the price higher than its closed price..
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take a look at 2766..if it succeeds in breaking this strong resistance @ DTL, great potential for it to "fly' to a higher price level and will probably reach up to the price level as in the chart pattern above...
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Let's take a closer look...
FCPO price broke out of ranging between 2475 - 2294 & formed a bearish harmonic pattern in the TF H1. By observing the higher TF chart, the current price which is overvalued indicated by the relative strength oscillator. Potential short term reversal might happen soon.
In order for the price to respect the pattern, the stop level shall be test & might overstretch...
FCPO has been overbought & completed a bearish shark pattern in the 1 hour time frame. As the current price, which is still hovering in the PRZ (RM 2316 - RM 2230). What I've been looking is awaiting the price to break the dash support TL to go for short.
If the price do respect the projection, i shall pay attention to the 1st Target Price (RM 2096) a...
Let the chart above show and explain everything..1st red dot of PSAR has shown a trend shift from UTL to DTL..
Presumably, how long it will last before changing trends again??
Let's take a closer look together at how interesting the journey is...
Where is the turning point for price change to reach a higher level?
DISCLAIMER
Happy Trading & Trade At Your Own...
