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 changed.
3. Support level at 1452, once broken we wont be using this pattern anymore.
Conclusion from this pattern is, we are optimistic that KLCI will be doing reversal at the price area and probably to retrace at 1588.... worst case for a correction at 1422.
Well, dont ask me like "bila nak naik" and sort kind of question cause no one ever know what will happen tomorrow.
Lets manage your trading plan well aite ?
The idea is only for educational purposes and not giving any suggestion for you. And please do trade at your own risk
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 changed.
3. Support level at 1452, once broken we wont be using this pattern anymore.
Conclusion from this pattern is, we are optimistic that KLCI will be doing reversal at the price area and probably to retrace at 1588.... worst case for a correction at 1422.
Well, dont ask me like "bila nak naik" and sort kind of question cause no one ever know what will happen tomorrow.
Lets manage your trading plan well aite ?
The idea is only for educational purposes and not giving any suggestion for you. And please do trade at your own risk