KSI trade ideas
KOSPI 200 - EW analysis - 3rd of 5th wave in progress KOSPI 200 inex - It is in 3rd of 5th wave up and expected to go for new high in current cycle up in 30 min time frame. The invalidation level is 404.05 and it is probably hit 450 - 83 zone.
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Possible traps for both bulls and bears. Money will be in charg.Possible traps for both bulls and bears. Money will be in charg.
How to apply trading stragegy to chartApply pine script strategy to chart.
My strategy is,...
Buy when ma5 cross up BB high line
Sell when ma5 cross down BB low line and BB middle line when volatility high.
Kospi200 Bearflag Beartrap?On the left we can see a solid bear flag with a breakout AND a successful rejection from the former support. However, when we zoom in on the right, we can see there might be something else going on here. We have a small H&S which seems to be failing already with a good bounce up already. If that red zone breaks it could be a first sign. If the red on the left breaks it would mean the bear trap is very likely. If the green support breaks it will be very likely that it just continues to drop as the bear flag is already suggesting.
The blue line is a big resistance level from that big gap we can see.
Since it's december and closing in on the holidays, is also in favor of the bulls.
