Assalamualaikum and hi Traders! As for now, there is no sign of bottom for the downward movement on yesterday session. I'll stick with the bear for now until the end when it bends. Retracement or a beginning of a new trend? I don't know. Let the market decide. Embrace the probability Trading is a business based on probability. Never certainty. Happy Trading pengiran-
Hi Traders, Update on FCPO wave count on hourly chart. Happy trading.
Stay away is the best strategy for now. Clarity is the key to consistent trading Happy trading!
Expecting a last rally to complete the wave sequence.
Potential counter for wave 4 pullback trading setup. Trading plan: Waiting for a buying setup.
BUY = 0.150, CUT LOSS = 0.125 Expecting a 5 wave sequence to developed toward 0.300 area.
Key level = 336.1 Focus to the downside for wave 3 of 5. key level must hold for this 1-2-1-2 setup.
KEY LEVEL = 336.1 And so it begin, wave 3 that we all waiting for. The attention is now focus to the downside. For this wave 3 idea, the price shouldn't and have no business to go beyond our key level.
Another point of view for FCPO. Expended Flat with expending diagonal triangle wave c.
breaking the key level from previous analysis is a clear signal that wave 4 still developing. Possibility of wave to form a triangle correction, expecting price will move in 3 structure for wave d. What come next after triangle? hehe. be happy if you see a triangle pattern on chart Downward is still the path of least resistance.
KEY LEVEL = 341.5 Im working on 1-2 wave setup for ZM, Expecting a declining in price to complete wave 5
Assalamualaikum and Hi Traders! For FCPO, i still waiting for a clear signal/ bearish setup to support my idea that wave 5 is started. Lets wait and see what the market has to offer us. Happy trading!
Key level = 2348.00 For this idea, key level will be the invalidation level. There area still possibility that wave 4 still not completed its cycle and expect another top created.