Hello there. This is what i found in the harmonic trading perspective in a close up market. 1. Bullish harmonic pattern which indicates the sign of reversal in opposite. 2. Expectation of price to do reversal in the area of RM4286-RM4577 Worst case scenario, it will move downwards up to RM3000-RM3600. In addition, let me add up some "spices" When the harmonic...
Hello guys, this is what i found for the continuation counting from my previous post. A running triangle appeared in wave 4 of wave C. We were expecting the price to go beyond wave 5 in the area of RM3069 (to complete wave C) Well, i could be wrong but luckily my expectation of alternate wave in wave 4 did happened. This is just for knowledge & educational...
Hello there, it's been awhile since my last published. My apologies for not being actively in publishing the idea like i did before in 2020. Hope you guys are doing good. Anyways just to update to you guys, im curently studying & practicing Elliot Wave from EWI (google it) since feb 2021. Was a candidate of CEWA examination LVL1 and right now im looking forward...
Hi there, its been awhile since my last published. This is what i found for Futures Crude Palm Oil (FCPO) Bursa Malaysia Derivatives. Alternation + Channelling in Corrective Waves Channelling through corrective waves (by the rule of alternation, it is entering wave C in expectation of complex/sharp correction since wave B was in regular triple flat WXYXZ) With...
Hello there, it has been awhile since my last update. From what I have been analyzed in this market, this is my dummies & 2cents that I found in the EW's perspective for FCPO A few weeks ago, we can see the market had passed the 5th wave of impulsive and now most likely it has been entering the correction wave. This is the guidelines as the support for my...
Hello guys, it has been awhile since my last published. For the not-so medium run.... this is what i have found. 1. Bullish 5-0 harmonic pattern which indicates the probability of the price to go as what i have plotted with the arrow. So they are many decisions here to make. Either to wait at the above or to wait at the bottom or....... to buy on breakout or...
Hello guys. Just a quick review for what i have found. 1. Simple double top pattern which indicates the probability of price to go down. 2. But still, we will use the area of confirmation/support level in order to see either the price can be go downwards in a shorter term (smaller timeframe) when it is broken. Well this is only for educational & knowledge...
Hello... i just followed up to my previous idea last march. 1. 3 Drives pattern which indicates the probability of price to go up to 78.6 fibo level. 2. Expanding diagonal gives us the sign of probability of doing reversal. Apparently, the price still below the resistance level. Can it breaks and go further ? Well this is only for educational & knowledge...
Hello. This is what i found for Futures Crude Palm Oil (FCPO) 1. Bat pattern which indicates the reversal of price from D Point. 2. The price apparently was re-entering the support that has been broken before (Support Become Resistance-SBR get back to its normal support role) Lets see how it goes. Please trade at your own risk & the idea is just for an...
Hello there, happy eid-alfitr to my muslim friends. Its been a while since my last post. This is my 2cents for KLCI. 1. Butterfly pattern which indicates the probability of reversal at the price area 1800 2. In addition, the trend for KLCI in a longer term timeframe we can say still heading towards uptrend and might be waiting to see the direction to be...
Hi there. This is what I have found for Futures Crude Palm Oil (FCPO) The price is currently moving upwards inside the expanding diagonal pattern. And guess what i have found... the rarest harmonic hns pattern. Basic rules for head and shoulder gives the sign of continuation. But as far as we can see for this kind(harmonic hns), gives us the probability of...
Hi there. This is what I have found for Utilities Index Bursa Malaysia. Apparently, from the longer term TF indicates the price is moving in the sideways direction. 1. On the left chart (Medium Term), what i found is the bearish butterfly pattern which told us the reversal sign of pattern might be happening once reached the fibo extension level of 127% 2. On the...
Hello there, this is what i have found... 1. Bearish shark pattern which indicates the probability of reversal might happen on D Leg. Well, depends on your trading style, as far as we know, fcpo movement really makes everyone becomes headache. This is just the study of probability and please do your own analysis before making any decision. Trade at your own...
Hello guys, based on my observation... this is what i found..... based on harmonic pattern ofcourse. 1. Potential of bullish bat pattern which expecting the reversal probability from point D. 2. The expectation probability of price retracement at 1.095 3. The money management based on the rule of this pattern says the risk stop must be at 0.895. 4. However, this...
Hi there, this is what I have found based on the price reaction. 1. As far as we can see, apparently the last day before closing session... the previous low has been broken which indicates the probability of price to change direction from uptrend to downtrend. 2. Monster pattern appears which indicates the probability of price to continue going down before...
Hi there. This is what i found on ZL..... The price has reversed on the shark reversal level pattern which then formed 5-0 bearish pattern indicates the probability of continuation of price going downwards. Well, this is only 2cents from my analysis, please do your own research before deciding to long/sell. Trade at your own risk. All the best traders !
Hi guys, how are you ? Hope you guys are doing good. Suddenly crossed in my mind about this counter which had famed before, So i came up with a lil 2cents of opinion here... take a look when i rely 100% by only using harmonic pattern and geometrical fibonacci. Take a look, here is what i found. 1. Current situation of flat price (Sideways) 2. A monster pattern...
Hi guys, how are you ? Hope you guys are doing good. Suddenly crossed in my mind about this counter which had famed before, So i came up with a lil 2cents of opinion here... take a look when i rely 100% by only using harmonic pattern and geometrical fibonacci. Take a look, here is what i found. 1. Current situation of flat price (Sideways) 2. A monster pattern...