The price of FCPO may having some adjustment after it climbed above 3000 from 2764. Once again, the price entered multi years supply zone which has been tested 4 times since late Dec 2016. Diving into smaller picture, the price is developing a potential bearish pattern. The construction of the pattern which developed another bearish harmonic pattern in H1 time...
this is haidojo and the number is 207 ... a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130... another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as when one of the critical supports 2980 was already broken...let's see if price could fall back to...
this is trade 206 frm haidojo trading... neckline 1477 is broken! so now downtrend is confirmed...! so the best strategy now is short on rebound... if you buy or intend to buy stocks in Malaysia, I reali think it is not the best timing... lower level support is 1450 and 1400 support... bearish bat and gartley pattern no longer valid...this is because leg A is...
this is haidojo and the number is 205 ... fcpo-jan still in uptrend...no confirmation of reversal of trend until important support is broken... price might retrace back to 2980 and even the critical 2900... and we need to watch if the support holds...uptrend persists if 3130 stubborn resistance is finally broken... higher resistance : 3200 strong resistance...
Weekend Market Updates & Analysis 25 Oct 2020 Note: If you would like to receive this the latest updates immediately without 3 days release, please search for my site Palm Analysis. Recap 1) Let’s start the report with a review of last week’s update and market conditions. You can read last week’s report by clicking here: Weekend Market Update – 18 Oct 2020 |...
this is haidojo and the number is 204 ... fcpo-jan has broken into new structure high and higher low...so it is easy to identify this as a signal of uptrend persists... so the best strategy is to long on retracement...but beware of the retracement...could fall below some support... higher resistance : 3200 strong resistance : 3100-3130 (abv this level is...
Price oscillating within wide 12-15% flat sideways range. 🐻🐮 From here, more likely to retest range lows: 2700 ; 2600... 📉 Watch for potential breakouts from range❗️ Happy Hunting! 🥂🚀 -jk-
The price of FCPO climbed above 3000 after it failed to establish the reciprocal head & shoulder from the previous call. Price touched the supply zone (violet box) again. However price rejected and fell to 2800 psychology level. In a short term view, the price may hovering with a bullish 5-0 harmonic pattern identified supported on the level of 2800. A potential...
this is haidojo and the number is 203 ... based on the recent reaction, I bet fcpo-jan will shoot-up, hehe...of course, that is my biased view and opinion... the correct way to deal with prediction is actually...if your prediction hits the bull, go ride on it...if you are correct, make some money, get away...if it doesn't, make sure to cut your loss and make it...
this is trade 202 frm haidojo trading... I have been holding a position since 9th Oct 2020...an advanced pattern and bearish bat pattern... this bat pattern finally reaches its tp tdy...that is one of the longest hold ever...period... now, I am expecting the market to push further downward to the critical support and also our neckline-1477... with the covid-19...
this is haidojo and the number is 201 ... seems like our fcpo-jan has regained its momentum in the uptrend... so, whether it will slowly glide upward with some advanced patterns formation or shoot-up straight away is unknown... if u are trading on breakout...keep your eyes open... i revise the strong resistance frm the current 3030-3100 to 3030-3130...because...
this is haidojo and the number is 199 ... the number is closing to 200...i am still bound at home...fractured-ribs because of motorcycle accident... fcpo-jan now...it has turned into a sideway market...waiting for new breakout...or advanced patterns formation... strong resistance : 3030-3100 (abv this level is fastlane; crazy bull) immediate resistance :...
this is trade 200 frm haidojo trading... I have been holding a position since 9th Oct 2020...an advanced pattern and bearish bat pattern... it is neither touching the SL nor the tp...haiz... so still holding until one of them is filled... the latest discovery is possible formation of head-and-shoulder pattern in daily chart...if this happens, it is a huge...
Bounce reached ~304x R-zone previously mentioned. Didnt manage to test the 3100 highs. Didnt get to capitalise early on the current plunge from 30xx highs, tbh was expecting a milder retracement. And we got a sharp plunge instead, thus potentially a large sideways range in play, before continuing the monthly bullishness. Major Support: 2600-2700 ; ~244x ...
The price of fcpo has been fall more than 300 points in the distribution event from the supply zone. The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified. We might witness some volatility of price action in 2700 level in the event of defending the neckline area. A violation of the neckline could potential...
this is haidojo and the number is 198 ... for a few days, I was hospitalized and unable to trade nor update the posts...so I would like to give my sincere apology for ppl who are waiting for my updates... abt fcpo-dec which ends today...both lower-high and lower-low are formed in lower timeframe...so it is the time to turn around the tide... a reversal has...
this is haidojo and the number is 196 ... today we have a huge gap up...and almost touching the expected 3030...missed it by a mere 4pts... the strategy is still the same...long on retracement...until an initial structure low is formed... strong resistance : 3030-3100 (abv this level is fastlane; crazy bull) support : 2900 lower support : 2820-2800...
Did a video update, following up on previous CPO idea posted, check it out on my other social media accounts. Meanwhile, we have turned Bullish since S@2700 holding last week. Immediate R: 287x-9x taken, now turned support. As long as price stays above both UTLs, we are likely to retest prev HH near R2: 304x-8x area. Meanwhile, if we continue to stay above the...