FKLI TRADING : 81) 2 possible trading opportunities
Updated
hi, this is trade 81) frm haidojo trading. I am presented with 2 possible trading opportunities in fkli-july...
1) for a possible counter-trend trade, if formation of Double-Top happens near 1616-1620, and RSI OB(Overbought), then go for short with the 1st tp near support level 1580, 2nd tp near 1560...make your SL possible like 5-10pts abv entry...
2) if you are going for trend-continuation trade, then wait for some signals at 1580, tp 1616, SL 5-10pts below entry...
or long at lower support level, 1560, 1st tp 1580...2nd tp 1616...SL put 5-10pts below entry...
WARNING : This is just for educational purpose onli, it is not a hint of buying nor selling...pliz consult your financial advisor before putting any extra risk in your futures trading...
1) for a possible counter-trend trade, if formation of Double-Top happens near 1616-1620, and RSI OB(Overbought), then go for short with the 1st tp near support level 1580, 2nd tp near 1560...make your SL possible like 5-10pts abv entry...
2) if you are going for trend-continuation trade, then wait for some signals at 1580, tp 1616, SL 5-10pts below entry...
or long at lower support level, 1560, 1st tp 1580...2nd tp 1616...SL put 5-10pts below entry...
WARNING : This is just for educational purpose onli, it is not a hint of buying nor selling...pliz consult your financial advisor before putting any extra risk in your futures trading...
Note
there was a mistake here, the 1st tp is 1587, not 1580...the same goes to 1560 trade. the 1st tp is at 1587, not 1580...
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