Nasdaq and “great wall”. 15/June/22Nasdaq weekly chart and “the Great Wall” = comprises of 3ema 233 (Fibonacci) ( high, low, median) Average curve Great Wall...Will it hold the “ invaders “ this time?
Xyz3dtrading
Topglove May <Rm 0.2 BUT maybe RM5-Rm6 first. 15/June/22Disclaimer : All past, current, future analysis are purely for “entertainment, research, studies” purpose only..TOPGLOVE. after “reviewing “ its price’s structure the initial expanding abc ( yellow) waves pattern idea which might “finished “ its “bearish correction “ most likely won’t happen. The current downward price movement from all time high look more like an downward impulsive 5 waves which is wave A ( Red Circled).. So..so.. there is a high “possibility” that Topglove will have another “deeper” leg down which is wave C ( Red Circled) where Price could ONLY “complete “ its “long term” correction probably @ around RM0.185. !!!!!??? BUT..but wave B ( Red Circled ) could “retrace” “ up to” around RM5.50 - RM6 which is Fibonacci 0.618 and Volume Profile POC....
Gold watch out! 1800! 15/June/22Gold possible forming an expanding flat pattern ABC ( yellow circled) as on chart. Price may “reverse “ right before/after FOMC possible 0.75 or even 1.0000 rate hike?!...@ around 1800 which is QM level and 3 drives pattern....or tell us what “ any interesting chart pattern “ you “ have discovered” ? E.g harmonic chart pattern etc...
KLCI. Finding its “Yin & Yang” forces. 15/June/22KLCI index currently “reside” @ around the “terminal/ center of gravity “ of universal Yin ( seller’s force) and Yang ( buyer’s force”..What do you “see first?” Or “think second?”....
KLCI “Finally” reached 1490. 10/June/22KLCI Finally break below 1500 and reached 1490 as last wave e or last leg of bullish triangle as previous ideas. But “maybe” still having some “space” for downside until around 1480? As its “big brother” composed “stock” which is Tenaga still waits to break RM8.570 before “bottoming”?..
Nasdaq maybe “bottom” without “touching. 11300.? 10/June/22I like to study stock index even I dun trade it maybe unlike individual stocks. Stock index as net “combination “ of hundreds stocks is “hard” to “manipulated?”..Anyway Nasdaq possible “found “ its “yearly “ support near 11300 as previous posted ideas. As price possible making higher low near.. 1)Demand Zone 2) lower parallel channel support 3) VWAP ( yellow MA line)..
Tesla possible “bottom” with Head & shoulder. 10/June/22Tesla / TSLA possible found its “yearly” bottom with “head and shoulder “ pattern.. “Look” like A “ u turn” not “V turn” near demand Zone..
Topglov “hit” 3 times “stop lost”! 27/May/22..Gosh! Topglove have hit 3 times stop lost from previous 3 ideas.. I just “found” but “not expected”. 4 valid “points” (as remark 1p to 4p in chart)..to keep my long positions.. Maybe..maybe Rm1.35 (again ) will be “bottom “ for many few years ahead..
Bitcoin watch out 26500. Updated 27/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
Gold watch out 1815. Gold CFD & future different. 27/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
SNAP elliotwave updated 26/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
Cypark. It’s not easy to catch “a falling knife”..26/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
USDMYR toward 6.25?! By 2029/2020?.. 22/May/22Do you think US dollar could “convert to” around Rm6.25 by 2029-2030 ?.. Sound “good” or “bad”?...But RM might “getting strong” for time being till around Rm4.035
Gold’s Major trendline + 1800 broken! What next? 14/May/22Gold have been heavily “smashed down/ manipulated “ by XxD, what is the next possible stop to build “base” after 1800 and major trend line ( cyan / light blue dotted line ) was broken? From this chart 1790 possible is the zone to build “base” considered where 1790 is the confluence zone of 1) VWAP (thick yellow curve line) and 2) Volume lme Profile P.O.C ( Red thick horizontal line )..
Topglov reached 1.48! Either death or glory! 13/May/22Topglov price have reached Rm1.48 a “ border” of “ 4 = Death ( in Chinese ) or 8 = Glory ( in Chinese )..A possible 3 “touch & go “ or 3 drive pattern or wedge pattern’s lower trend line.
NIO or TSLA chose one? Or both? 12/May/22NIO. A major E.V ( Electric Vehicle ) player in China. Its price structure probably found its “base” @ around 9.38 after filling up the previous “price gap”..
Tesla long @ ≈ 550. Potential of 660% growth. 12/May/22Tesla is still forming a running flat (A)(B)(C)( cyan / light blue) in wave 4 ( Red Circled).. Current “pullback “ is an expanding ending diagonal ( some traders views it as triangle) ..1,2,3,4,5 ( yellow) in wave (B) ( cyan / light blue )..”Downtrend” May found its “base” @ around 550 before “rallying “ to > 1243.49 ( target around 4180 )..
Gold probably found its multi months base @ 1831.86. 12/May/22Gold checking from its lower time frame price structure, most likely it has reached wave 4 (yellow) @ 1831.86 not 1820.. Just 1 day before the Core CPI (consumer price index)..news release....
Tenaga still waiting @ 8.50-8.30. 11/May/22Tenaga price still waiting to complete building its long term “base” at around RM8.50 RM8.30 where is the “multi” confluence zone for price landing to build a “concrete base”..
Pohkong “flying” with or without Gold? 11/May/22Gold as a main trading instrument for “hedging” inflation doesn’t seem its “shining” probably the The trump “cash is king/US $ “ “after affect” still “dominating” after 2 years..What “make up stories /fundamentals news“ “can buy” this time that could make gold soaring high again?!
Gold indeed completed its triangle (highlighted). 11/May/22Gold have completed its “hidden” “contracting triangle pattern” as yellow highlighted Zone one wave (iv)(Red).. “The final destination “ for the gold pullback probably would be around 1820 which is also yearly pivot ( a yearly major polarity/territory for bull/bear battle field..
Bitcoin. Reached 33000..Where to long? 10/May/22Bitcoin have reached 33000 as previous ideas. But downward “price structure “ doesn’t seem stalled at the moment.. Probably the “lower base” could be “built “ ONLY at around 28000 which is @ lower range of major demand Zone..
Harta. fundamentalist should learn how to read chart. 10/May/22Harta. Just posted a “quarterly earning in lost” for the 1st time in “history”! since it was listed. So...so..Sell the “news”? Or buy the “rumors”?..Most Traders/ Investors Trade based on “news”.. if they can’t read one. They “create” their own ..falling into “own illusion “ just try to “ convince “ themselves to buy certain equity with their own “bias”...We’re not the boss or the directors of the listed company..Whatever “balance sheet” presented is sometime/somehow is for xxxx only....chart reflected the “hidden agenda”.. News is just “the timing”....Doesn’t matter is good/bad fundamentals news...
