current resistance : 2400-2420 current support : 2300 lower support level : 2200 the price might come to a reversal region...
FCPO active month current resistance : 2300 current support : 2250 strong support : 2200-2210 waiting for a breakout this is a trading journal, not recommendation of buying or selling fcpo trading
juz trying the recording thingy in tradingview...if you enjoy this, plz give a like...or share it to ur frens... juz a trading idea, no hint of buying or selling...
fkli has shown some interesting thing might be going on...first, the blue line, shows fkli is still in consolidation mode... second , 2 gartley patterns are formed side-by-side to each other...one is a winner, the green one...the other one...not sure yet...see if it works... btw, if you dun trade advanced pattern, fine...juz an idea...
as we see today, the friday closing was indeed... a false breakout...now still in a bracket market
need to identify whether the breakout is real or not on monday
after the previous breakout to the downside frm 2190...we are now...in consolidation again...as usual.... time to bracket the market again... for those who have been following me, hope u guys made some money frm the recent sudden and fast rollover... pls send me some remarks or comments is you like this kinda analysis gud luck and gud trading plan ur trade and...
the support 2190 is tested and lower-highs are formed...so anticipation that the price will move lower is anticipated...
set bracket range frm 2222-2315... IF the resistance 2315 is broken, THEN aim long IF the support 2222 is broken, THEN aim short fcpo-july now
false breakout - the fatal reversal which could kill a breakout method... so beware of these kind of false breakouts if u are trading a breakout.... or else mix your strategy with something else..
tdy closing we could see a break to the lower side, lower than the support level 2250, now the price is probably retest the next level low at 2190 Warning : this is a trading journal, whatever claims which have been made inside here don't indicate any hints of buying or selling. Pls trade at your own risk.
a false breakout frm 2394...still in sideway
it is about 200-pts consolidation phase... IF the price breaks below 2190,THEN consider short IF the price breaks abv 2394, THEN consider long WARNING : again, this is a trading journal...no indication of buy nor sell...trade on your own risk
as a conclusion frm the previous article, there was a breakout...! so this is the opportunity which you can take to gain some profit... so hope everybd learns something today... thx everyone...if you like this article, pls share and like
IF the market breaks higher than 2394, THEN long IF the market breaks lower than 2310, THEN short WARNING : this is my trading journal, not indicator of buying or selling....
as you can see, the price has slided frm the consolidation of 2600-2660 to get lower to the current 2316 - 2400... YES, we are in yet another consolidation level again...Guest what? YUP, IF the price moves higher than 2400,THEN consider long position... If the price breaks lower than 2316, THEN consider short position... this is hourly chart...so you might want...
this is a continuation of the previous episode of "sideway market@ very boring market"... now we zoom in into 15-min chart... support - - 2600, IF price breaks lower than this, THEN consider short... resistance- - 2660, IF price moves higher than this, THEN consider long... WARNING : this is definitely not a recommendation to buy or sell, it is juz my...