Hello there. This is what i found in the harmonic trading perspective in a close up market.
1. Bullish harmonic pattern which indicates the sign of reversal in opposite.
2. Expectation of price to do reversal in the area of RM4286-RM4577
Worst case scenario, it will move downwards up to RM3000-RM3600.
In addition, let me add up some "spices"
When the harmonic traders decided to make a decision within the extraction of reversal area. They must also decide to put their "optimal price" as their backup plan to avoid losing all of their money.
Which is im going to share with you guys of how harmonic trading could help us by making a complete decision(EP,TP,SL)
And also, always remember that the market doesn't favor with your decision as well all the time. So trade safe & control the risk.
This is just an idea for you to analyze. Please stay safe, control your capital & trade at your own risk.
1. Bullish harmonic pattern which indicates the sign of reversal in opposite.
2. Expectation of price to do reversal in the area of RM4286-RM4577
Worst case scenario, it will move downwards up to RM3000-RM3600.
In addition, let me add up some "spices"
When the harmonic traders decided to make a decision within the extraction of reversal area. They must also decide to put their "optimal price" as their backup plan to avoid losing all of their money.
Which is im going to share with you guys of how harmonic trading could help us by making a complete decision(EP,TP,SL)
And also, always remember that the market doesn't favor with your decision as well all the time. So trade safe & control the risk.
This is just an idea for you to analyze. Please stay safe, control your capital & trade at your own risk.
Trade closed: target reached
Trade active:
Trailing profit to the max.
Trade closed: target reached
Trade active:
Type 2 Reversal.
Trade closed manually