FKLI TRADING : 112) 1616-1620 STRUCTURE STILL HOLDWAITING FOR overhead resistance : 1616 1-620 TO BE BROKEN....
higher resistance : 1640
critical and strong support : 1587
lower support : 1560 -1564
PS : if a breakout abv the 1620 happens, then the advanced pattern becomes invalid...
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Consolidation-breakout
FKLI TRADING :106) sideway market for the past 9-10 dayshi, this is trade 106 frm haidojo trading...fkli has presented a pretty boring sideway market for +- 10days...if you trade a "box" tunnel, so this is the time when your winners are going to flourish...but if you trade a breakout pattern like I do...haiz, B...O...R...I...N...G...
so awaiting either of the support level side 1587 or the resistance level 1616-1620 to be broken...according to what has happened recently, it is likely that klci will slip down slowly...but...who knows...???
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Silver and Gold Senior - At the end of its downtrendThis is making its U-turn, it takes time for this big cruise to turn around and head to north pole for Xmas.
changing direction of its mid-term and long term down trend.
50MA crossed above 200MA recently
Consolidating after strong reversal patter
short term consolidation triangle is getting too small. Volume shows perfect time for a break out
sideway market before the 10th...fpcoso it is still a boring sideway market...higher resistance : 2474...
current resistance : 2430...
critical support level : 2300...
watch out for the important levels...
gud luck and gud trading...
**PS : normally, fcpo market is volatile or indecisive when it is near to the 10th every month...awaiting for report frm mpob...
does this look like an alien to you? Does that figure/pattern look familiar to you...? does it appear like some sort of alien shape to u or juz another common pattern known as "inverted head-and-shoulder" pattern...I found out that this pattern are quite popular amongst fcpo reversal patterns/signals...other than Double Bottom...normally you look for this at near bottom for a possible reversal signal...
anyway, I totally missed this...so tis is the kind of mistake you anticipate when you trade pattern, as sometimes the "eyes" are not capturing those meaningful patterns...so I had better stick back into resistance level- current 2420... a breakout might retest 2475... a critical resistance or the "head" formation of a possible larger "head-and-shoudler" pattern...pls refer back to my previous episode if you feel lost...
that's all for today...many thx
if you like this kinda trading idea, pliz like and follow...
WARNING : any ideas in this section should not be perceived as hint for BUYING or SELLING, trade at your own risk...
top 20 jewel series : advance conthis is given by local bank, a top 20 jewels...
fundamental : I don't know...
technical : let's look at some price action...
still in tight range trading after "The Big Fall" in mid March this yr...
support : RM0.255
resistance : RM 0.455
waiting for a a=breakout abv the previous high to confirm further uptrend...
now either wait for fall back to the strong support at Rm0.255 or any reaction to retest the high
this is juz a trading idea...trade at your own risk
plz like and share...
FTDR setting up a nice #rectangle #chartpatternFTDR been moving sideways for about 2 months forming a well defined #rectangle #chartpattern. The breakout from the rectangle will coincide with a down trend-line on the weekly scale adding to the importance of the daily breakout. On my watch list for a long entry.
FCPO TRADING : 90) one-day of sidewaypay attention to support level : 2625-2630...
resistance level : 2690-2700
watch out for gap down go down scenario, whr a possible reversal signal has been formed...
lower support level : 2580 -2560
fcpo-oct still on uptrend, temporarily no reversal signal yet...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
bracketing the market again...waiting for breakoutfcpo has yet come to a tight range consolidation...as I am a breakout trader, I am anticipating a breakout to either side, upside or downside also will provide some trading opportunity...
current support : 2420
lower support : 2400
current resistance : 2470-2474
Biocon from 5 July 2020Biocon is again showing sign of coming out of consolidation zone though volume is not increasing much
MFI is increasing n possible breakout possible
monthly analysis
1. at max 15 % increase possible ---> 400 * 1.15 == 460 ( at max ) (highly unlikely )
2. at max 15 % decrease possible --> 400 * 0.985 == 340 ( at max ) ( highly unlikely )
safe upside setup is to buy at 401 with SL : below swing low with target of 2R
option strategy ..
Heart of steel --> Million miles journey
1 .Sell 340 PE + Buy 300 PE ( less margin req )
FKLI TRADING : 80) bearish divergence formation in daily chartthis is trade no 80) frm haidojo trading... bearish divergence is formed in daily chart for fkli-july so it is possible a signal for reversal...
fkli is facing resistance for 1620-1640 range...
current support level : 1580
lower support level : 1560
thr is no confirmation shift of trend yet...therefore shorting the market seems to be a bit too early...however, eyes wide open for more reversal signals to come...
WARNING : juz for educational sharing, not for buying nor selling hints, pliz trade at your own risk
FCPO TRADING : 76) sequences of higher-highs and higher-lowsthis is number 76 trades which I have discussed here, in tradingview.
in normal condition, IF you see formation of sequences of higher-highs and higher-lows then it is most likely the market is going to break to the upside...watch out for :
current resistance : 2434
higher resistance : 2474 (the "head" in a possible "head-and-shoulder" pattern)
strong support : 2300
I am a breakout trader, so I am anticipating a breakout to the upside...
I am no expert but I definitely luv trading...
so gud luck and gud trading!
**PS : as a token of encouragement to motivate me further, I am really in need of some "LIKE" and "FOLLOW" **
4HR BREAKOUT UPWARDS ON DOWNTREND RESISTANCE LINEMacro timeframes at lows in oscillators + halving + already 2 months consolidation in the 9ks => it's gonna pop up eventually, just a waiting game.
SMASH that like button if you appreciate this chart, or perhaps drop a comment below.
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ICX/USDT - LONG - POTENTIAL 21%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: ICX/USDT
T/F: 1HR
LENGTH: MEDIUM
ENTRY: 3819
TP1: 3963
TP2: 4069
TP3: 4537
TP4: 4644
SL: 3626
NOTES:
- Consolidation period
- Pullback sitting on support
- Minimal upwards resistance
- If support holds then it should continue uptrend
- Uptrend
- S/R Potential Flip
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
Bearish week ahead for USDJPY?After ending its week with consolidation after consolidation, we might see the pair make a breakout to the down side after failing to break through the 107.100 resistance zone. Our next major support is at 106.00
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Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD PredictionOver the past days the price of gold has been consolidating in a triangle pattern. As well as between 1738.22 resistance zone and 1673.70 support zone. We are like to seen a break of the upper resistance and the triangle pattern, and gold is like to restest the 1738 zone before making all time highs until $1800.00. Let's see how it plays out.
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Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Sell USDJPYOn the previous day USDJPY was in a consolidation. Early today it made a breakout to the downside and made a restest of the previous support also forming a lower high. We might see the pair drop to the next major support area.
Thanks for viewing.
Comment with your thoughts I'd like to hear them.
EURUSD - Bearish or Bullish Breakout?Hi Traders!
The market is - after a strong Upmovement -
in a consolidation.
As you can see the rally started at 1.07800.
It climbed up fastly and finally reached the weekly resistance at 1.14000.
After that it started the consolidation.
This consolidation is in a pattern of the descending Triangle.
Now there are two possibilities the market can do:
Bearish Breakout
The market breaks out of the Support at 1.12200.
The target is the next Support.
The SL is over the triangle and the RTR is 1 to 2 .
This possibility is shown in the chart.
Bullish Breakout
The market breaks out of the Trendline.
This could result a "Bullish Flag Pattern".
The SL would be under the Support at 1.12200.
This idea is not shown in the chart.
We recommend to trade the breakout when the candle closes!
Thanks and successful Trading :)!