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FKLI hourly has potential for a rebound after breakout to upside
FTSE Bursa Malaysia KLCI Futures
Long
FKLI hourly has potential for a rebound after breakout to upside
By Richkierich
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Updated
Sep 23, 2021
0
Sep 22, 2021
FKLI1!
has some potential for a counter-trend reversal to the upside if it manages to break above the 1524 level or if it stays stead above this area.
Targeting 1,544.5 in the short term.
Sep 23, 2021
Trade closed manually
Closed manually 1534.5 as resistance started to pile in.
This doesn't mean the target 1544.5 is not achievable, because once the current 1538 area is broken, prices can still rally to 1544.5 next.
Always good to take a profit especially if trading counter-trend.
breakout
bursa
bursamalaysia
derivatives
fbmklci
Fibonacci
fkli
klci
rebound
Supply and Demand
Support and Resistance
Richkierich
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