FKLI TRADING : 248) option 3 + option1
this is trade 248 frm haidojo trading...
none of the situation stated in the previous trade 246) has really 100% occurred. More obviously, it is a combination of option 1 + option 3 ...
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
3) after hovering at 1615 support level , price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
SO, what really has happened in the past few days? First, fkli-jan inches up higher to 1632-34, then sideway for a while before hitting higher at 1650...now, it is hovering at 1625-1635...what's next?
1) continuation of uptrend back to 1650. Then? sideway
2) continuation of uptrend back to 1650. Then? test higher at 1685-1700 the Dec 2020 high
3) slipped back to 1615 support but rebound immediately to 1650
4) slipped back to 1615 and goes lower to 1595-1580...(if the price breaks below 1580 then trend has reversed)
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything on Monday, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...
*plan your trade and trade your plan... gud luck
resistance : 1685-1700
immediate resistance : 1650
immediate support : 1625-1635
support : 1615
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*
none of the situation stated in the previous trade 246) has really 100% occurred. More obviously, it is a combination of option 1 + option 3 ...
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
3) after hovering at 1615 support level , price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
SO, what really has happened in the past few days? First, fkli-jan inches up higher to 1632-34, then sideway for a while before hitting higher at 1650...now, it is hovering at 1625-1635...what's next?
1) continuation of uptrend back to 1650. Then? sideway
2) continuation of uptrend back to 1650. Then? test higher at 1685-1700 the Dec 2020 high
3) slipped back to 1615 support but rebound immediately to 1650
4) slipped back to 1615 and goes lower to 1595-1580...(if the price breaks below 1580 then trend has reversed)
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything on Monday, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...
*plan your trade and trade your plan... gud luck
resistance : 1685-1700
immediate resistance : 1650
immediate support : 1625-1635
support : 1615
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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