IDX:COMPOSITE (IHSG)PRICE REJECTING THE COMBINATION OF CLASSIC + DYNAMIC + HARMONIC SUPPORT. POSSIBLE BREAKING THE DESCENDING BROADENING WEDGE PATTERN.
TARGET PRICE: 6700-6800
ANALYSIS INVALIDATE IF PRICE BREAK 5730.
DISCLAIMER ON!
COMPOSITE trade ideas
IHSGalauCompare to the US market, Index still mostly on the uptrend,
but Indonesia Index still not sure it will continue the downtrend, or it will bounce and break the resist.
anyway, the nearest resists we can see in the chart.
Happy trading!
Indication of Head and Shoulders Pattern in IHSG (Composite)There are currently head and shoulders pattern in Indonesia Composite Index with 6200 as Left Shoulder and 6200 as potential Right Shoulder if the market couldn't break with good volume at 6200, and 6500 as head price, the neckline is around 5800-5900 and downside potential to 5400 since there's small gap at 9th November or 5200 if you pull a line from head to neckline at 11,28% (IDR 662) *disclaimer on : there are no buy or sell signal
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!!!
IDX Composite - Reversal OccursRefer to this link: a mild correction to 5,789 - 5836 has been occurred.
In a couple days, IDX:COMPOSITE is heading to level 6,157 - 6,211, be wise and choose your portfolio precisely.
Happy trading & happy shopping!
-AJ-
Will Jakarta Composite make reversal pattern?Jakarta Composite is possible to perform a reversal pattern and enter a bearish trend. It will test the Demand area 1, 2, 3, and 4. I hope the price stop in the demand area 3. Let the market decide.
IDX Composite - A Mild CorrectionI assume IDX:COMPOSITE could slid down to level 5,789 to 5,836 after rally started since Sept'20 to early Jan'21.
A strong opportunity to buy can be place around mentioned area.
DAILY 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!!!
JKSENot really sure the retracement is finished yet but LETS SEE.
NB: 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!!!
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
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.
