Indonesia
CHFJPY Support Resistanceprice still in the downtrend movement, but for a trade setup we need to wait some confirmation.
as long as price still moving inside the yellow zone, price will be ranging and sideways.
we will have a trade setup once price break up or down. entry on pullback will be a choice.
gbpaud sell setupgbpaud setup sell
berdasarkan beberapa indkasi ya itu
1. pada timeframe daily bisa harga membentuk pattern ascending channel , dengan 2nd touch
2. ada cukup space untuk harga bergerak ke bawah sebelum menyentuh lower ascending channel patternnya
3. di timeframe 1h harga baru saja breakdown dari pattern ascending channel ,dan saat ini sedang dalam fase koreksi yang terlihat membentuk pattern bearflag di kemudian hari nya
*disclaimer on
eurjpy buyanalisa eurjpy
arah bullish dengan indikasi yaitu
1. ada pola ascending channel dengan 2nd touch , walaupun ini pola bearish , tapi masih bisa memungkinkan memberikan peluang untuk buy secara jangka pendek
2. di timeframe h1 ada pattern descending channel dengan 2nd touch
di sini harga berpotensi untul memberikan 3rd touch sebelum mengalami kenaikan terlebih dahiulu , atau bisa juga langsung naik
3. jika harga memberikan bullish impulsive , maka ikut masuk buy dengan pattern bull flag
NZDUSD ClusterPrice potentially bounce after hit support level.
supports level are from neckline area of the previous inverted head and shoulders and fibonacci cluster of the 3 blue swing retracement.
in smaller timeframe we have bat pattern for entry setup.
SL will only placed on the red line below the support
$NANO Bearish IdeaAfter a terrific dead cat bounce NANO finally facing the retracement, it already did. and the it bounce again but with weak power and making wick on price actions which means the power of that direction slowly faded.
It is supported by RSI level which shows us a bearish div. Nothing more to say, looking forward for the second short-term retracement before at the end of the month.
1. -22.42% from the current level
2. -22.56% from the current level
3. -40.11% from the current level
Trade safe.
OH NO!! Downtrend channel is forming for JKSE!!Ok, so IDR just passed psychological level of 15k, it happened right the next day after I posted my analysis where you can see it here .
Low inflation create worries in the market because analysts are speculating that there might be a lower demand in the market. The September data shows a deflation of 0.18% MoM which driven from a lower food prices - broiler chicken to be specific, red onions, red chilli and chilli peppers.
This downtrend channel is likely to happen because there are very little sentiment in the domestic market other than earnings 3Q18 which most likely not be very satisfying for banks (higher rates + low loan growth + higher deposits = lower NIM). Selected retailer may show some recovery and I believe the mining sector will support much of the index.
If the price movement breaks the upper resistance channel, hence I can be confident there's a recovery and it can close on a 6,000ish by the end of the year...But as long as if it floats by the channel, I believe it's still a downtrend movement.