FKLI TRADING : 185) tight range trading-anticipating a breakout

this is trade 185 frm haidojo trading...

in the event of some upcoming news, the market is now anticipating within a tight range,
frm 1488- 1500, so after the release of the expected news, then only we shall see the movement in the market...
breaking to the upside will retest 1515 resistance while breaking to the downside we shall see 1477 support...

higher-resistance : 1557-1570 ( bearish bat and gartley patterns)

resistance : 1540

immediate resistance : 1500-1515

support : 1477-1484

lower support : 1446-1413

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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!

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