FXCruZaDer82

FXCruZaDer82

After a series of 8th falling trading days, price of FCPO constructed a short term bullish AB=CD pattern in daily TF. It's been oversold but not in extreme way yet. Current price is hovering around 5477 (the neck line of a bigger pattern) and may have a small rebound before a continuation. May focus on the price action along with confirmation of oscillator...

FXCruZaDer82

Happy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe. So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this...

FXCruZaDer82

Price of FCPO supported in the rising channel as well as a harmonic pattern formed in a shorter timeframe may provide a trading opportunity for a price target of 3891 & 3955 or even higher.

FXCruZaDer82

Spotted this bullish setup of a harmonic crab pattern in the upward channel. Price action plays an crucial confirmation in the potential reversal zone (blue box) for a target of MYR 3502.

FXCruZaDer82

First attempt on crypto asset with Ringgit Malaysia. A bullish harmonic pattern spotted in 30 minutes TF which give a potential trade for this pair. Currently the price hovering in the potential reversal zone (Blue Box), price may testing the stop level before any confirmation for the price to go north. PRZ: 337.16 - 326.16 (Blue Box) Stop: 322.64 (Slightly...

FXCruZaDer82

A potential to go short with a bearish harmonic 5-0 type-II setup. Higher probability for the price of fcpo to go south if it stayed below the red dash TL with a target price of 3163.

FXCruZaDer82 Updated 

The price of FCPO may having some adjustment after it climbed above 3000 from 2764. Once again, the price entered multi years supply zone which has been tested 4 times since late Dec 2016. Diving into smaller picture, the price is developing a potential bearish pattern. The construction of the pattern which developed another bearish harmonic pattern in H1 time...

FXCruZaDer82 Updated 

The price of FCPO climbed above 3000 after it failed to establish the reciprocal head & shoulder from the previous call. Price touched the supply zone (violet box) again. However price rejected and fell to 2800 psychology level. In a short term view, the price may hovering with a bullish 5-0 harmonic pattern identified supported on the level of 2800. A potential...

FXCruZaDer82 Updated 

The price of fcpo has been fall more than 300 points in the distribution event from the supply zone. The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified. We might witness some volatility of price action in 2700 level in the event of defending the neckline area. A violation of the neckline could potential...

FXCruZaDer82 Updated 

FKLI bounced from 1477 to 1538 which gave a swing ride of 60 points. Initially the 1st projected target profit of the 4 hr TF Bullish Bat has been hit and retrace back south with closing of 1510 on 18/09/2020. I've been overlook in the lower TF where a bearish harmonic shark pattern formed after the 4 hr bullish bat's target 1 hit and reaction of it which formed...

FXCruZaDer82

FCPO now is entering the supply zone once again after climbed more 1000 points after rebounded on May 2020. This zone has been visited 3 times in late 2016, beginning of 2020 and here in present. A V-Shape accompanied with a bearish harmonic deep crab may witness the upward trend could be stalling. Price action plays the crucial role to determine the price will...

FXCruZaDer82 Updated 

Price of FCPO rose tremendously in the month of July 2020, the price swung from 2562 MYR & broke 2800 MYR with slightly extended to 2808 before retracing back into the upward channel (Green Parallel Line). On the 12th August, a bullish harmonic Bat pattern formed in hourly TF & swung upward towards the projected TP without testing the stops level. From the last...

FXCruZaDer82 Updated 

An identify harmonic bullish bat pattern confluence with the plotted demand zone (light blue box). An early rebound from the D leg of the pattern failed to break the 1st down slope trend line (solid red TL). The price of 1518 dropped to 1477 and hovering in the plotted demand zone. Price might test the stop level. Preferably price action indicate upwards &...

FXCruZaDer82 Updated 

FCPO price broke out of ranging between 2475 - 2294 & formed a bearish harmonic pattern in the TF H1. By observing the higher TF chart, the current price which is overvalued indicated by the relative strength oscillator. Potential short term reversal might happen soon. In order for the price to respect the pattern, the stop level shall be test & might overstretch...

FXCruZaDer82 Updated 

FCPO has been overbought & completed a bearish shark pattern in the 1 hour time frame. As the current price, which is still hovering in the PRZ (RM 2316 - RM 2230). What I've been looking is awaiting the price to break the dash support TL to go for short. If the price do respect the projection, i shall pay attention to the 1st Target Price (RM 2096) a...

FXCruZaDer82

A bullish 5-0 harmonic pattern has been identified in the H4 TF with oversold strength oscillator indication. Reversal might happen with an early impulse technical reading to coordinate with the completion of the pattern. Price action to be focus for testing the stop level. This is to anticipate the projection of the valid pattern. Stop: 1528 PRZ : 1544 TP1...

FXCruZaDer82 Updated 

A bullish pattern 5-0 completed. Price might test the stop level. Preferably price action indicate upwards & strength oscillator rebound from the oversold zone before execution to be made. Stops: 2343 Entry: 2357 TP1 : 2413 TP2 : 2428

FXCruZaDer82 Updated 

FCPO completed a bullish Alt Bat pattern in M30 TF. A potential trade in this retracement structure. The oscillator shows rebound from the oversold level as well, I would expect the price to test the stop level. If the price respect the stop level and heading back into the potential reversal zone (Blue Box), a long for this trade. Stop: 2299 PRZ : 2319 -...