selling volume seem to be dry after the shakeout on 05 oct 21. im expecting price might testing resistance this week. im wacthing for trading opportunity.
Upward slope distribution structure (example). base on this movement im expecting price might moving higher after touch TP1 or TP2. i also might hold this short position with trilling stop-loss. expecting potential chaging direction from this supply zone.
price seem to have multiple rejection at 85.000 level. price currently testing resistance with bearish gartley formation . im expecting price might turn bearish from this supply zone.
price currently moving toward resistance become support (RBS) after testing 1.250 resistance level. im expecting price might making higher low and rebound from RBS toward TP1 and TP2. base on volume spread analysis demand still higher then supply since MAY 21. base on the analyse from investment bank they all still Maintain OVERWEIGHT on the plantation sector,...
price currently making a second test after the final shake-out in phaseC. today candle have closed DOJI with heavy volume collecting and also price have been above MA50 act as support. im expecting price might be trading in phaseD toward resistance with sign of strength and also GOLDEN CROSS happening. im watching for trading opportunity.
price seem to have settled after falling wedge breakout. im watching for trading opportunity.
Wave Analysis. price have completed the first of the ZIGZAG correction in CYCLE wave-2. and currently trading in MINOR wave-1 toward 1.280 resistance. im expecting a correction for MINOR wave-2 toward (1.075-1.025) level after testing 1.128 level. expecting MINOR wave-3 begin from 1.075-1.025 level toward PRIMARY wave-3 im bearish starting next week .
ACCUMULATION PHASE. price have completed a SPRING in phaseC following by second test and also broke a CREEK vwap at 0.475. current support at 0.470 . im watching for trading opportunity. JAKS – Renewable energy to take the lead. -JAKS is a medium scale contractor with involvement in the property sector and has diversified recently into power-related sectors...
price have broke a CREEK at .835 and im expecting sigh of strength happening moving toward resistance.
price at last point of support in re-accumulation zone current support at 2.350 expecting price might moving above 2.350 base on demand still increasing. if price able to move above CREEK at 2.435 we will see another MARK-UP move. im watching for trading opportunity.
5 minutes ago price have completed ZIGZAG correction in SHARP wave2 expecting wave3 begin sometime next week. im watching for trading opportunity.
Accumulation Structure With Upward Slope price currently traded in last point of support im expecting a major sign of strength before MARK-UP move. im watching for trading opportunity.
price traded in ascending triangle and currently near support with bullish reversal candle . im watching for trading opportunity.
price near RBS with bullish structure. im watching for trading opportunity.
ACCUMULATION price have completed shakeout in phaseC and follow by secondary test (ST). today we have witness price and volume "breakout" and also broke the minor DTL. price expecting will be trading in phaseD towards resistance.
price currently traded in corrective primary WAVE2 minor WAVE C. im watching for trading opportunity.
price near support with no supply. previous day closed with buying volume breakout. im expecting price might begging moving up from this level.
price in phaseD showing sight of strength (sos) and currently on rbs with spinning top. im expecting price might continue moving toward resistance in MARK-UP move. im watching for trading opportunity.