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FKLI TRADING : 276) downtrend is confirmed

this is number 276 and first of all, the huge barrier of 1550-1650 range is still not broken yet...
recent move, the highest-low 1601 is violated and broken lower, therefore confirming a downtrend...the new low is 1586...
so it is possible to form advanced pattern again...sideway market which slowly going down...
a possible formation of bearish bat pattern with entry at 1620, SL at 1630, 1st tp at 1603, 2nd tp at 1586...
see how it will pan out...

*plan your trade and trade your plan... gud luck*

resistance : 1632-1648

resistance : 1616

lower support : 1575-1588

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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