SHORT FKLI TRADING : 148) counter-trend bullish cypher patternthis is trade 148 frm haidojo trading...
this is definitely a "NO NO " for beginners or those who don't trade advanced patterns...
there is a possible bullish cypher pattern amongst the chaotic spiral of downward trend...
entry is unchanged range frm 1512-1520, SL 1508 or lower, tp 1537 -1540...no extended target...
I mentioned this bullish cypher pattern in trade 92) ! see how powerful advanced pattern is?
fkli has formed a new structure low...the price has broken below the 1540-1547, so downtrend persists...also the last day of fkli-AUG...
higher resistance : 1560
current resistance : 1540-1547(continue to bear)
current support : 1520-1512
lower support : 1475 -1486
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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