still uptrend, reaching the 1st resistance -2560... might retest the next level at 2630...or retraces back to previous resistance-turn-support, 2476-2500...the end of fcpo-sept, new active month is fcpo-oct... current support/resistance : 2560 higher resistance : 2630 lower support : 2476 - 2500 psychological number WARNING :THIS IS FOR...
this 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...
this is trade 79) frm Haidojo trading...fcpo-sept has broken to the upside to test further resistance frm 2560-2630... full steam ahead...! with 2 more days before the exchange date on 16th of the month, so I guesss the price is going to go wild... overhead resistance : 2560 -2630 support : resistance-turn-support 2474-2500 psychological number market is...
this is trade no 78, an added info to the same fcpo chart... introducing a breakout killer - "false breakout"...today false breakout has yet shown its ugly head again...if you trade a breakout strategy then you need to add extra filter to eliminate those bad trades...well, I have found one...hehehe...let's share yours if you got one...tell me in the comment...
fkli continues its uptrend, despite having some political issues in the Parliament...which is not suitable to be discussed here...however, for most of South-East Asia's countries, politic cannot be separated from its economy...that's the hardcore facts... current resistance : 1620-1640 support : 1587-1600 strong support : 1556-60 I am no expert, but I am...
this 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...
CPO still playing within 230x-240x range, which has pretty much defined price movements back in June. Next test on S1: ~230x will be crucial for CPO mid-term (3Q2020) outlook. Slight biased to the bears as of writing. Shall S1 fail on next test, major target will be S2 zone. Levels to Watch: Major R: 244x-6x Major S1: 230x-3x Major S2: 220x-3x ...
Thursday June25 gap down violated Daily UTL... 👇🏻 Momentum weakness, look to S1 as potential first support zone. Important Levels to Watch: R2: ~246x R1: 240x-2x S1: 240x-3x S2: 220x-2x Happy Hunting! 💰🚀 -JK- MyTradingSpace
A bearish Deep Crab formed on the M30 TF. Currently the price is still within the potential reversal zone (Blue Box), it might retest the price of MYR 2352. Oscillator indicator does not indicate overbought zone yet. We shall wait for overbought indication and the price action behave in the blue box. A sell opportunity once the price rejected out of the blue box...
fcpo finally gave a breakout on last friday, breaking through the immediate resistance frm 2400-2420...uptrend continues resistance : 2470 next level resistance : 2580- 2600 support level : 2440 lower support level : 2400 - 2420 pls give a like and follows, thx
just wild guess with baseless argument ... disclaimer mode on short selling addict ....
normally, I dun use indicator as buying or selling signal...juz use them as tools to check trend...try this one, Moving Average-200 day for checking fkli daily chart...SMA works better, but this one juz fine... EMA normally goes with lower timeframe.... leave me a message if I were wrong... look like the bull and bear are still playing "tug-of-war" between...
sideway since 3rd June 2020...market more bias to trending to the downside, but as long as the competition of bull and bear has not shown any edge over the other, sideway market will continue... resistance level : 2380 -2420 support level : 2300 -2320 if you trade trend, this is the time you "die"...either by the untrending pattern or because of boredom...
"2618" means 2 tops or double tops, then follow by retracement back to 618...then usually a downtrend... of course, this is juz a trading idea, no indication of buying or selling... strong resistance : 1584-1600 current resistance : 1560 current support : 1500-1520
possible formation of "head-and-shoulder" pattern in fcpo hourly chart... resistance : 2400 - 2420 support : 2300 lower support level : 2200
current resistance : 1584 current support : 1560 the latest support level is broken, then the idea is to short the market when rebound... of course, this is juz a trading idea...
current resistance : 2400-2420 current support : 2300 lower support level : 2200 the price might come to a reversal region...
FCPO active month current resistance : 2300 current support : 2250 strong support : 2200-2210 waiting for a breakout this is a trading journal, not recommendation of buying or selling fcpo trading