IHSG. Corrections Wave A to Wave C at the Minor Cycle.Wave B at 6300 +-
Wave C at 6000 +-
Fibonacci Time Zone
Wave B at 27 January 2021
Wave C at 29 January 2021
disclaimer on
COMPOSITE trade ideas
IHSG COMPOSITE Indonesian See on Thu Jan 28th 2021IHSG / COMPOSITE Indonesian See on Thu Jan 28th, 2021.
Top High
Thank you.
JKSENB: DO MIND that These analyses i posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
Jakarta Composite index 2021 outlook: PREPARE FOR A CRASH!Jakarta composite index is having a hard time to break the strong resistance with overheating RSI.
This is what unsustainable price appreciation looks like.
Prepare for a crash.
I will close all my position if the price breaks the red parabolic support.
DISC: I don't have any investment in this market
My forcast for IHSGPrice seem to enter a weakening phase, after experiencing a prolonged rally. Therefore, we can enter after the ABC pattern is over.
REGULAR BEAR DIVERGENCE (NOT valid yet)!! Looking at today's transaction sure make us less stressful regarding this Bear signal. Using DATA SAHAM INDONESIA apps, we can see that today's COMPOSITE accumulation as well as NET foreign Buy are quite massive. So, i sure hope that this Reguler bear can be cancelled out. Well, we can only see what tomorrow brings.
NB: These analyses are not intended as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
JKSE what did you see? Broke 2018 downtrend channel! JKSE what did you see? Broke 2018 downtrend channel!
Your thoughts?
IDX or IHSG - "COMPOSITE" update on 28 DecemberI expect this move to happen
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
JKSE STILL IN CORRECTION CHANNEL, MIGHT BREAKOUT TO THE UPSIDE!LETS see if today JKSE could break the correction channel to continue its wave 5.
NB: These analyses are not intended as investment recommendations! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view.
IHSG 5800 Target by Gap ENDisclaimer on i'm not financial advisor.
composite likely go to 5800 for a retracement after bull run, it projected using elliot wave. For the target there is some gap around 5800 that not closed yet (it can close or will never be close) for the target.
IHSG di harapkan Mantul jika...Jika sentimen positif dari beberapa sektor, seperti tambang ( ANTM DLL ) dan Batu bara.
JKSE WAVE 4 almost complete?i expect wave 4 to end when it touch at least @ around 58xx something as written in the chart. Let see!!
ALSO look and zoom @ RSI indicator. it looks like RSI is looking for support @50-53 something2.
Support Composite 2021 and Target 2021Support Composite 5700-5800
strong suport 2021 5400-5500
target indeks 6400 7000
JKSE Wave 3 MINIMAL target price now has reached!!E.W wave 3 is 1.6x the lenght of wave 1. By using fibo extension, we can draw the line using wave 1 and wave and we find that WAVE 3 of JKSE is @ around 6177-ish. SO what do we do now? well we can enjoy the bullish we are on right now and wait for the correction to occur (WAVE 4). Remember wave 3 minimal is 1.6 of wave 1 so although the minimal price has reached, the price can still go higher. However, at this point we should be very careful.
