HAIDOJO_trading

FKLI TRADING : 173) bearish cypher pattern

Short
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
this is trade 173 frm haidojo trading...
obviously, now is sideway market...sideway/consolidation breeds advanced patterns...

now we have a possible bearish cypher pattern...entry ranging frm 1528-1534, SL a few points abv it, tp at 1517...no extended target...
if you have never heard of advanced pattern / cypher pattern before, STAY AWAY frm this pattern...
we can again bracketing the market using advanced patterns...1528-1534 - ---short region...bearish cypher pattern
1477-1484-----long region...bullish bat pattern

higher-resistance : 1557-1560

resistance : 1528-1534(bearish cypher pattern)

immediate resistance : 1517

lower support : 1477-1484 (bullish bat pattern)


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Comment:
the bottom advanced pattern is a bullish bat pattern, not a bullish cypher pattern...
typo error...

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