FKLI TRADING : 110) ANTICIPATING A NEW STRUCTURE HIGH?

110 is the number and this is haidojo trading. Fkli-july has surprised everyone by showing a reversal to the upside today...it is hard to tell whether the uptrend persists or it is just another sideway movement...onli by waiting for a breakout abv the previous high at 1620 and abv should it confirm the continuation of the current uptrend...critical support to watch out is 1587 support levels which were tested multiple times in the past...

overhead resistance : 1616 1-620

higher resistance : 1640

crtitial and strong support : 1587

lower support : 1560 -1564

PS : if a breakout abv the 1620 happens, then the advanced pattern becomes invalid...

WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!


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breakoutfklifkli1sidewayssidewaysmovementTrend Analysis

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