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.
Interestingly a 0.786 wave relation provided another 500+ points rally and falling into a static cycle low with divergences and approach to wave 4 of a lesser degree should grab some attention. 3 years cycle into 2023 still looks quite alive and kicking...don't you think??
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
The first confluence at 4500 did not materialize after about a 500 point rally. We are at another confluence and at a seasonal low zone.....What are the odds???
After few huge bearish candle, FCPO now at important resistance level.
If this highlighted level is respected, we may see another bearish run towards the monthly trendline.
Around 3500 level
Hi guys,
just my 2 cents of garph sketching..
normally price follow the market structure.. then AP will follow it arccodingly
then it will pullback at median line..
jsut like yesterday
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...
Hello there, it's been awhile since my last published. My apologies for not being actively in publishing the idea like i did before in 2020. Hope you guys are doing good.
Anyways just to update to you guys, im curently studying & practicing Elliot Wave from EWI (google it) since feb 2021. Was a candidate of CEWA examination LVL1 and right now im looking forward...
