FKLI TRADING : 257) sideway market-beware
this is trade 257 frm haidojo trading...
my opinion really is bearish for the market especially fkli and stocks...but what to do? market and its participants have other idea...
basically, this is sideway market...we will have sudden ups and sudden downs in fkli...until significant level of resistance and support is broken...
now, I spot a bullish cypher pattern in hourly chart...entry range frm 1564-1567...SL is below 1555...1st tp 1575, 2nd tp 1588...
personally, I am not so confident on this one...I think it is a false breakout to the upside but continues downtrend...
but what to do? ---trade what u see, not what u believe...
again, pliz dun follow this trade if u nvr test it, either backtesting or forward testing...
if u have never heard of advanced pattern before, then stay away...ok...that's the best to do...
I hate to rant, but err...this is not a signal service channel, all episodes in this channel are juz my personal trading journals,
some of my opinions on the market and based mainly on charts and technical analyst...
if I happen to NOT trading similar to your trading pattern, and you LOSE money after following whatever hints/tips/advices in this channel,
I am not holding accountable for whatever losses you did to your trading account/funds, bcox YOU are the one responsible for your account and your own money...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
my opinion really is bearish for the market especially fkli and stocks...but what to do? market and its participants have other idea...
basically, this is sideway market...we will have sudden ups and sudden downs in fkli...until significant level of resistance and support is broken...
now, I spot a bullish cypher pattern in hourly chart...entry range frm 1564-1567...SL is below 1555...1st tp 1575, 2nd tp 1588...
personally, I am not so confident on this one...I think it is a false breakout to the upside but continues downtrend...
but what to do? ---trade what u see, not what u believe...
again, pliz dun follow this trade if u nvr test it, either backtesting or forward testing...
if u have never heard of advanced pattern before, then stay away...ok...that's the best to do...
I hate to rant, but err...this is not a signal service channel, all episodes in this channel are juz my personal trading journals,
some of my opinions on the market and based mainly on charts and technical analyst...
if I happen to NOT trading similar to your trading pattern, and you LOSE money after following whatever hints/tips/advices in this channel,
I am not holding accountable for whatever losses you did to your trading account/funds, bcox YOU are the one responsible for your account and your own money...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
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