FKLI TRADING : 138) downtrend...oh, downtrend...

2020年8月17日

this is trade 138 frm haidojo trading...
new bracketing for the market...resistance was close, 1577-1585...temporary 1560 support still holds...but probably not for long...
a new support level arises...1540-1547...but if you intend to long here, this is a counter-trend trade...thr is a high-risk in trading counter-trend
trade...so for now, "short on rebound" still have higher chance of success...gud luck traders...

higher resistance : 1616-1623 (recent high)

resistance : 1577-1585 (reversal to bull)

current support : 1560

lower support : 1540-1547(continue to bear)


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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