FKLI TRADING: 307) The bear appeared for MYX: FKLI1! By HAIDOJO_trading
So now the most practical trading strategy would be “short on bounce” until the trend changes. After the short period of rebound, the market showed “exhaustion” and now even is still trending up, the trend is trending down now and the bear is in charge.
The closest support region going frm 1512-1524, with the critical low at 1506. The closest resistance range frm 1560-1580. Since November 1, 2021, a huge gap has “bottled” the price in a narrow range frm 1524-1544. The next level of support is 1512, then 1500, then 1480… that’s very critical support…
* plan your exchange and exchange your plan … gud luck*
immediate resistance : 1560-1580
immediate support : 1512-524
critical support : 1480-1500
DISCLAIMER : it’s juz a trading idea … trading stocks, , crypto, or forex could incur a huge risk for your account / your funds …DON’T LOSE MONEY YOU CAN’T AFFORD… any trading idea (s) in this episode SHOULD NOT be taken as an indication of BUYING or SELLING. This is ONLY a trading journal and it has been used for educational purposes only … trade at your own risk!
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