HAIDOJO_trading

FKLI TRADING : 266) false breakout to the upside

MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
after getting "stuck" at 1615 for 2 days, fkli-feb turned to the downside, and now we are at a crossroad...1575...
if the price rebound frm here, then we might see a sideway movement or continuation of uptrend...but further below this
then the price creates a new structure low and will continue further down...
bcox the daily chart is still in downtrend, therefore I am of the opinion that the price will move further down...

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

resistance : 1615

support : 1575

lower support : 1545

WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures 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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