FKLI TRADING : 310) downtrend persists
this is number 310...
Today is 2nd Dec 2021, and fkli-dec is in downtrend. After consolidation phase, now fkli-dec is in full downtrend. It dropped below the 1512 supports and and stopped at 1497 yesterday. Today, a gap down and possible rebound frm 1481.5 support. It has to break abv 1525 previous lower-high before confirming a reversal. The next level is at 1457, 1412.
As for the bearish bat pattern in previous episode, it missed the entry 1535 by a mere 2pts. Then the price rollover and fell hitting the 1st tp at 1512.5 and the 2nd tp at 1500. The next thing to watch is resistance level at 1497-1500, 2nd resistance level at 1512.5 - 1525...These are the levels to watch during rebound to short. Juz the thingy I will do, not buy call. Trade at your own risk.
higher resistance : 1512.50-1525
immediate resistance : 1497-1500
immediate support : 1481.5 (critical support)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
Today is 2nd Dec 2021, and fkli-dec is in downtrend. After consolidation phase, now fkli-dec is in full downtrend. It dropped below the 1512 supports and and stopped at 1497 yesterday. Today, a gap down and possible rebound frm 1481.5 support. It has to break abv 1525 previous lower-high before confirming a reversal. The next level is at 1457, 1412.
As for the bearish bat pattern in previous episode, it missed the entry 1535 by a mere 2pts. Then the price rollover and fell hitting the 1st tp at 1512.5 and the 2nd tp at 1500. The next thing to watch is resistance level at 1497-1500, 2nd resistance level at 1512.5 - 1525...These are the levels to watch during rebound to short. Juz the thingy I will do, not buy call. Trade at your own risk.
higher resistance : 1512.50-1525
immediate resistance : 1497-1500
immediate support : 1481.5 (critical support)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
