pengiran-

pengiran- Updated 

WEEKLY CHART EVALUATION 1. Price below Alligator 2. Previous Bar - Bearish 3. AO Red Below Zero, Momentum Downtrend DAILY CHART EVALUATION 1. Price below Alligator 2. Previous Bar - Bullish Divergent Bar 3. AO Red Below Zero, Momentum Downtrend TRADING SETUP @ 4H TIME FRAME 1. Bullish Divergent Bar - Valid 2. AO Red, Below Zero - Valid 3. Angulation Between...

pengiran-

Looking for great opportunity to go short with wave 3

pengiran-

Key level = 109.199 If price breach 109.199, i use alternate counting (orange). for now, still holding on to preferred counting.

pengiran-

Projection for wave 5 will be at 1.30000 area to complete this cycle.

pengiran- Updated 

FCPO still in the process of completing the wave 3 cycle. Yesterday sideway movement support the idea of wave 4 is in progress. Waiting for opportunity to go short on wave 5.

pengiran-

Price declining from 2455 in 5 wave structure could be an indication telling us that wave 3 is going to end in near future, it is too early to say that wave 3 is already ended as there is still possibility of wave 3 extension to happen. Expecting a sharp correction wave 4 and price to re visit 2320 area, that will be the 38.2% fibo level and also the previous wave...

pengiran-

Looking for short opportunity to short on wave 3 Note: Also be alert for the alternate count (orange), possibility of irregular flat correction wave 2 still in progress that will bring price back up to 68/69 area.

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Expecting 5 structure wave to complete wave C

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Trading Idea: 1. Wait for wave 4 unfold. 2. Short on wave 5. Note to self me: Be patient, the trade will come :)

pengiran-

Possibility price to go lower to complete the last wave in this first impulsive cycle. Trading Plan: Will go short with market if there is a entry signal on my trading system.

pengiran-

FCPO 1 HOUR CHART ANALYSIS - INTRADAY Expecting price to go lower to complete the final wave 5 cycle.