hi, this is trade 94) frm haidojo trading...ok, this is not the common head in "head-and-shoulder" pattern...but it is the "head" in a trend...
at least temporary reversal of trend...but in order to confirm a reversal, it has to form some kinda gap down...or hovering in tight range for at least another day...another thing is, 2 things happened today...1) the...
top 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level...
as you can see, the purple line indicates an uptrend going on...
current support : 1540
1st tp 1560
2nd tp 1580-84
SL : somewhere around 5-10pts below the support level of 1540...depends on ur account size...
**this is juz a trading idea, dun trade it if it is not part of your plan...trade at your own risk
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this is a fcpo trading
we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the...
fkli actually retested the resistance 1512, if a breakout occurs, then it can retest higher level at 1540...
lower support at 1500, the psychological number or "even bar handle"
strong support : 1483-1475
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after the retest of 2420 as earlier predicted, the price dropped back to 2300 and a small rebound occurred...now is the formation of "head-and-shoulder" pattern and a possible boring sideway market again...until some of the important levels are broken...either to the upside or downside...this is fcpo-sept...
currect support : 2300
current resistance :...
today we saw a formation of a classic reversal pattern which is called "lone island" in both hourly and daily charts...this could mark the end of the recent uptrend and reverses to downtrend...
current support : 2400
lower support : 2300
resistance : 2420
hi, everyone...this is trade 93) frm haidojo trading...a possible formation of a deep, bullish gartley pattern in hourly chart, fkli...
"consolidation breeds advanced pattern", so the saying goes...but of course, if you don't trade advanced pattern, or you never even heard of that name, PLIZ...STAY AWAY...a possible leg D completion ranging frm 1667-1660 kill...
hi, this is haidojo trading in trade no 92)...a possible formation of bullish cypher pattern with leg D completion at 1512-1518...
yeah, I know...it is too early too say...so juz KIV...(Keep In View)
WARNING : this is juz a trading idea...trade at your own risk!
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this is trade no 91)...haidojo trading here...we are right at the support level now, 1587-1594...
the neckline is range frm 1550-1560, as long as this neckline is not broken, uptrend still persists...However, as lower-high and lower-low are formed, then higher possible that the price is moving downside...
higher resistance level : 1616-1620
immediate...
pay 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...
fcpo 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
not looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month..
immediate and critical support : 1486-1480
immediate resistance : 1515 - 1520 ...
hi, this is trade 85) frm haidojo trading. fcpo-oct has emerges and becomes the new active month...so if you have traded fcpo long enuf, u must know then onli trade the third active month...the resistance 2560 has officially not broken yet...so we wait for :
1) IF the price move back to retest the 2560 and failed, THEN we have a Double-Top formation, indicating...
reaching the 1st support level --- 1587 -1590...
1) long 1587, 1st tp 1606, 2nd tp 1616
This is trade no 83) frm haidojo trading. this is one of the trade in the last 2 possible trades...fkli-july din make a Double-Top as expected...reaching the 1st support level at 1587-90...
or if you can wait, the second support level at 2560-2555...
support level :...
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...
