FCPO TRADING : 265) a breakout frm head-and-shoulder patternbased on my analyst on 16th Feb 21, as long as the support range frm 3500-3540 hold, then we have a chance to see a rebound to further high,
but unfortunately, that support level didn't hold. Instead, a breakout frm a classic head-and-shoulder pattern appears and a reversal has happened...the "neckline"---3540 has been broken down, and new low reached 3460...meaning that the 3500 support no longer valid...next level of structural support is visible at 3200-3300, although there is some support in 3420, let's see how it holds against the bear...
officially, a lower-low is formed in hourly chart and a breakout frm the neckline of head-and-shoulder pattern indicate a strong sense of reversal to the bear...
we are expecting a series of breakout to the downside and short on rebound is probably the market's offer right now...
PS : some ppl/traders try to get involve in every single movement and expect themselves to be profitable every single time, that is ridiculous.
u either follow the trend (trend-trader) or u do counter-trend trade (advanced patterns)...it is very rare that u have a strategy which works on both side...so stick to one...be safe...
*plan your trade and trade your plan... gud luck*
immediate resistance : 3540-3560
higher resistance : 3560 -3720
support : 3420
lower support : 3200-3300
WARNING!
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!
Klci
FCPO TRADING : 264) new structure high new fcpo-may has arrived...
see if the region of 3500-3540 will hold or not...if it holds, then most probably continues higher...
if that region of support doesn't hold, then reversal might happen...
in the midterm, fcpo is still in uptrend...
that is the brief tdy...
*plan your trade and trade your plan... gud luck*
resistance : 3700-3722
support : 3500-3540
WARNING!
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!
FKLI TRADING : 263) advanced pattern invalid"A" leg of the advanced pattern bullish bat pattern has been violated. therefore, no more advanced pattern.
most probably fkli will continue to go higher, as more higher-highs are formed in hourly chart...
as for Chinese, Hapi Chinese New Year....
*plan your trade and trade your plan... gud luck*
resistance : 1615
immediate support : 1594
lower support : 1575
WARNING!
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
Istone Rounding Bottom MYX:ISTONE
Rounding Bottom
Slow Turtle Buy on Breakout
FiFT Spike +VE
MCDX+ Banker 80%
Atom At highway now !!!
SL below 0.24
FKLI TRADING : 262) more advanced patternsthis is trade 262 frm haidojo trading...
due to the recent sideway market, yesterday I spotted another advanced pattern. A better risk reward and bullish bat pattern...
entry is at the support level--1560, SL below 1554, 1st tp 1570-75, 2nd tp 1586...but I am not so keen on the second tp on this one...
sideway market is not suitable for holding position-sizing, and multiple tp...so it is a quick entry and quick exit strategy...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FCPO TRADING : 261) new structure high-advanced patterns invalidthis is haidojo and the number is 261 ...
instead of staying in the tight range and bouncing up and down, fcpo-apr has made a significant level by creating a new structure high,
thus it is sideway market no more, now uptrend has come back...the bull is back!
so the advanced patterns are no longer valid, and now the expectation is on whether the price shoots up all the way too the next resistance level at 3700, or it moves back a little and retest the resistance-turn-support level ranging frm 3460-3500...btw, fcpo-apr is expiring in this week...
so, there might be some wild cards in the play...beware!
this is probably the last update before the Chinese New Year holiday, Gud Luck and Gud Trading!
*plan your trade and trade your plan... gud luck*
higher resistance : 3700
immediate resistance : 3460-3500
support : 3460 -3500
WARNING!
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!
FCPO TRADING : 260) sideway strategy- possible advanced patternhis is haidojo and the number is 260 ...
a possible formation of bearish gartley pattern near the resistance level- yes, this is called "deep gartley" pattern...
entry 3480- 3494, SL abv 3500, 1st tp 3370, 2nd tp 3305...
another one is ....? dunno yet, but possible another gartley pattern or bat pattern...but a bullish one...
so this one stays put first...
so, that's all for the update...
*plan your trade and trade your plan... gud luck*
higher resistance : 3480-3494
current support : 3305
lower support : 3220-3165
WARNING!
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!
FCPO TRADING : 259) sideway strategy- bracketing the markethis is haidojo and the number is 259 ...
fcpo-apr shows another round of sideway market now...so what to do now is bracketing the market...
set up the high---resistance and the-low---support... then in the middle what might happen is formation of advanced pattern in between...
(the one I draw with yellow-color)...
if the price breaks higher than the resistance- turn long
if the price breaks to the downside, lower than the support level, --turn short...
*plan your trade and trade your plan... gud luck*
higher resistance : 3460-3494
current support : 3305
lower support : 3220-3165
WARNING!
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!