ArifHasbollah

ArifHasbollah Pro+

The daily chart indicates price exhaustion. Testing UTL, if break below.. possible correction A,B, C with the new trading range 4081~4372

ArifHasbollah Pro+ Updated 

Larger TF : 1. Based on a bigger trend is a downtrend. 2. There is a chance price to form Trading Range for accumulation or redistribution. 3. At this point, the price still unable to atleast test Fibo 78.6 for SW outlook. 4. If the price drop, the nearest TP is either Fibo 50 & Fibo 23.6 level to form ST. 5. If the price jump, the nearest TP is Fibo 78.6 1min TF...

ArifHasbollah Pro+

Possible bullish reaction : 1. EMA50 2. Support area 3. Previous pitchfork zone 4. Fibo retracement 23.6 Break all above area.. possible to get into the range back.

ArifHasbollah Pro+

1. Re-accumulation phase completed when price open gap up. 2. 1st target is 5780 area based on PnF 3. Based on fibo extensions 100% and 161.8% for 2nd and 3rd TP.

ArifHasbollah Pro+

Happy Deepavali to all Hindu fellows... This is UCL Posting :D 1. The last accumulation hit our conservative TP and currently making a new re-accumulation phase with a triangle pattern. 2. If the price can close above 5090 there is a chance the price will continue the uptrend 3. or else possible downwards movement to form spring formation. 4. Notice massive...

ArifHasbollah Pro+ Updated 

1. Setup : EMA14>EMA50 = Uptrend 2. Signal: Re-test EMA14 3. Confirmation : 5min bullish engulfing + Bullish pennant pattern 4. Entry : at the low side of pennant triangle 5. SL : 10 tick below signal CS 6. TP : fibo extension 100% / until reversal CS Price near resistance but not retest yet the highest level. Risky setup possible price go down.

ArifHasbollah Pro+ Updated 

1. Yesterday price able to make a new ATH with a valid breakout Trading Plan : 1. Setup : Price cross EMA50 indicates price might be downtrend or sideway. 2. Signal : Rejection @ 15min 3. Confirmation: Bullish engulfing 4. Entry: 50% of bullish engulfing 6. SL: 10tick below recent rejection 7. TP is subjective

ArifHasbollah Pro+

As we generally know that CPO products usually have a bullish trend towards the end of the year due to short supply for any reason. Therefore, if the price is still in bullish momentum, there are multiple possibilities. New contract price range (FCPOF2022) Possibilities : 1)If the uptrend is still strong, the JAN2022 contract will try to break higher and close...

ArifHasbollah Pro+

Price almost reach the conservative PnF target price at RM5113 If we look at the current condition with a shortage of supply due to many reasons, the possible next TP is RM5480 which is PnF aggressive.

ArifHasbollah Pro+ Updated 

Yesterday closing market setup. Trading Plan : 1. Setup : EMA14<EMA50 = Sell trend 2. Signal: 15min Price retest EMA14 3. Confirmation: 5min Bearish Engulfing 4. Entry: at least 50% bearish engulfing body CS 5. SL: 10tick above retest CS 6. TP: 15min support area / if there any rejection If today price open above EMA14 consider the market sideway with this...

ArifHasbollah Pro+ Updated 

1. Yesterday 15min CS have a reversal pattern with bearish engulfing @ 5min TF. 2. Today's price has a valid breakout of EMA50. there are 2 possibilities when price breakout EMA50 : i) Bigger sideway range ii) Continue downtrend 3. Signal: 1st pullback after a breakout 4. Entry: After bearish engulfing @5min + 15min Bearish engulfing 5. SL: 10tick above...

ArifHasbollah Pro+ Updated 

Today BMD increased the min margin to RM7000 due to the high volatility of the market. Trading plan today : 1. Setup: EMA14>EMA50 @15min TF 2. Signal: Price retest EMA14 @15min TF 3. Confirmation : Bullish Engulfing @ 5min TF 4. Entry: Since bullish engulfing body CS below 10tick, enter by market order. 5. Exit SL : 10tick below retest CS 6. TP: nearest...

ArifHasbollah Pro+ Updated 

1. Yesterday have bullish pennant formation. 2. Today morning open price hit TP with 1:1 for pennant formation 3. Bearish momentum strong 4. Possible formation of bearish pennant as long as not break the bearish engulfing pattern. Target TP is 120point.

ArifHasbollah Pro+ Updated 

Setup : 1. Valid Breakout temporary support for consolidation area. 2. EMA14 cross EMA50 for 5min TF 3. Price crosses below EMA14 for 15min TF. Signal : 1. Morning star pattern / Bearish Engulfing pattern.

ArifHasbollah Pro+ Updated 

Key to take away for Future East Palm Oil (FEPO) 1. Port of delivery location : i)Lahad Datu ii)Sandakan iii)Bintulu Port Location advantage? i) Closer to China which is the largest export for CPO. Less shipping cost for oil collection. ii) Closer to Japan/Korea/Philipines/Vietnam 2. Trading hour : 9.00am~12.30pm and...

ArifHasbollah Pro+ Updated 

1. FCPO ATH might be due to multiple factors such as manpower shortage and rainy season. Supply is not enough, demand still consistent and drives the price to go higher and higher. 2. Price almost reaches 161.8% fibo extensions. 3. PnF target is around 5113 still further ahead. 4. Price reject Gann level 4831 multiple times Condition : 1. If price close below...

ArifHasbollah Pro+

How do normal intraday traders determine Target profit? 1. Using Win/Loss ratio? 2. Fix Certain points per day only. Using this method usually limits our profit during a strong market trend. Another way to maximize profit during market trending by rank is : 1. Wait until 15min have reversal CS. 2. Understand FCPO daily price range (Normal Trending:...

ArifHasbollah Pro+ Updated 

1. Last week price break ATH. 2. Forming wave pattern and retrace at fibo 50%. 3. Pullback and rejected at anticipated reversal level. 4. Price break downtrend line. Watch for the rejection at the resistance area. Possible false breakout or rejection for downtrend.