edramlan

edramlan

Bitcoin looks interesting (well at least to me). It seems that it is ready to go in a bullish run. Waiting for opportunity to go bullish once price pullback to the 58,800 area. Immediate target is around 61,200 area and larger target is around 65,000. Like and follow if you agree with this idea. Happy profit day!

edramlan

The 4-hour chart indicates a strong upward price movement. An inverted head and shoulders pattern has emerged, with the price breaking above the neckline, marking the first wave of the move. This was followed by a brief consolidation phase, representing the second wave. Now, the price appears ready to resume its upward momentum, potentially forming the third wave....

edramlan

Yesterday's movement might have broken the range. However, a retracement is expected, presenting an opportunity to sell. Consider selling with a target of 3600.

edramlan

Yesterday, FKLI nearly reached 1500 points due to a significant sell-off, similar to other markets. In the short term, there might be some reactionary buying, but a further decline is expected. I anticipate the price will eventually drop to 1500 points before consolidating to determine the next move, whether lower or higher. Currently, we can expect a brief...

edramlan

Last week, prices moved within a narrow range between 3900 and 4000. Unless there is a significant move that breaks through this range, either higher or lower, the market will likely remain neutral. This week, pay special attention to this range, particularly the levels closer to 4000, as a breakout in this area could signal a strong market move.

edramlan

Last week, it was anticipated that the price would retrace higher before moving lower. However, this did not materialize. The 3900 to 4000 range remains a critical area, with the price continuing to move within this band. Currently, forecasting the outlook is challenging, but based on recent price reactions, the market appears to favor the bulls. Next week, we...

edramlan

Based on last week's price action, FCPO appears to be trending lower. Pay close attention to the price movements between 3955 and 4000. If bearish price action is observed within this range, it could present a good opportunity to enter a short position. Like, comment or follow if you like to idea.

edramlan

Last week, the price broke through the 4,000 resistance area and closed above it. However, it hasn't moved significantly higher and is currently consolidating. It's expected that the price might retest the 4,000 area before moving higher towards the 4,200 level. If the price drops significantly, the outlook could change, potentially reversing the trend. Given the...

edramlan

There was a slight upward movement last week, likely due to the price reacting to the support area. However, strong resistance remains at the 4,000 level. The recent bounce from support might reach this resistance and result in continued consolidation. Range traders can benefit from this environment while it persists. Trend traders, on the other hand, may prefer...

edramlan

Another week of consolidation for FCPO. The price remains range-bound, suggesting that without a decisive move higher or lower, FCPO is unlikely to make significant progress. For range traders, consider going long at support levels and targeting resistance, or vice versa. For trend traders, it may be prudent to wait for clearer price action. A strong movement...

edramlan

The price remains within its range, showing minimal movement last week. Despite expectations, it has not made any significant progress upward. The outlook suggests that the price could move higher, but it needs to close and sustain above the 4,000 level to see a substantial increase. Based on the current consolidation, we observe that the price may have formed a...

edramlan

There was no follow-through on the bearish outlook from last week. Instead, the index increased after the market opened on Tuesday. Following this, the index entered a consolidation period. Moving into next week, it appears that the bulls remain in control. The index is expected to push higher, targeting the 1637 area.

edramlan

Earlier in the week, prices dipped below the neckline, but they recovered slightly by the week's end, closing just above the neckline. The 4000 price level remains a resistance area. Despite this setback, the bullish outlook is still intact, with prices continuing to consolidate. Next week presents an opportunity to go long, with the target price remaining...

edramlan

KLCI is expected to continue lower as it remains under pressure at the current level. An attempt to push higher on Friday failed, resulting in a bearish key reversal. A drop to the 1587 level is possible. If this level doesn't hold, the next target would be 1565.

edramlan

The price broke through the neckline with strong momentum and retraced slightly on Thursday, creating a buying opportunity. It then continued higher on Friday, confirming a rounded bottom pattern. From here, the price is expected to continue rising. A long position targets 4135 initially, with a potential move to 4230 depending on next week's price action.

edramlan

Last week, the KLCI appeared to hold within the 1620-1618 range. However, a bearish candle on Friday and an overall weekly bearish key reversal candle are concerning. Ideally, we hope to see the index bounce higher to the 1625 level before potentially declining further, first towards Friday’s close and then even lower to the 1608 level.

edramlan

Expecting another week of consolidation. Would really like to see price to move lower to the range support and bounce higher from there and perhaps even higher to close above the range resistance. Another week of wait and see.

edramlan

A small dip before continuing higher targeting 70066 area.