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Thursday, June 17, 2021

FKLI TRADING : 290) consolidation phase-bearish cypher pattern

FKLI TRADING : 290) consolidation phase-bearish cypher pattern

this is number 290...
this is a late discovery ...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have a bullish bat pattern...will make the intro in next episode...

*plan your trade and trade your plan... gud luck*

higher resistance : 1592-1597

immediate resistance : 1572

critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far

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!

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