Trading Plan for BBNI BearishMarket Context: Price is within a bearish Weekly Fair Value Gap (FVG) following a new swing low. Awaiting reversal confirmation during the current retracement. Monitor the MACD for Bearish Divergence signals.
Entry Strategy: Enter short when the trendline is broken.
Target and Stop-Loss:
Target Price (TP): 3050 (1.618 Fibonacci extension)
Stop-Loss (SL): 5850 (above FVG high)
Monitoring: Track the price daily and adjust based on new market information.
Documentation: Record trade de
$ACES price to date 25th October 2024Based on Fib Time Zone
• 0 – 1 = RALLY
Time : 04/05/23 – 23/08/23;
Close Price : 424 – 726
• 1 – 2 = BASE
Time : 24/08/23 – 01/12/23; Close Price : 730 – 725
• 2 -3 : RALLY
Time : 02/12/23 – 21/03/24; Close Price : 690 – 885
• 3 -4 = …… (predicted to be BASE )
Time : 22/03/24 – 25/10/24; Close Price : 880 – not far from 880-850
then the IDX:ACES price on 25th October 2025 predicted not far from 880-850 so that from the price position when this analysis was ma
GOLF - PRIMARY BASEI bought my positions today
August 19, 2024
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after its IPO
3. Buying from a low cheat entry
4. Good breakout with huge volume
5. Many stocks start getting traction
Flawed:
Vulnerable to general market correction
I want to see some constructive action in the upcoming days.
BRIS (VCP - 22W 29/5 3T)I bought my positions today
August 21, 2024
Reasons:
1. Low-risk entry point.
2. Confirmed stage 2 uptrend.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock went up +100% in the last three months while the index correcting -3%.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. A decent volume on the breakout.
Flaws:
The general market is still at risk of going into a minor correction.
This is a textbook VCP with c
PGAS (VCP - 12W 15/3 3T)I bought my positions today
August 19, 2024
Reasons:
1. Low-risk entry point.
2. Confirmed stage 2 uptrend.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock went up +50% in the last three months while the index correcting -3%.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. A huge volume on the breakout.
Flawed:
The general market is vulnerable to go into a correction
This is a quintessential VCP, a very proper l
BBRI in accumulation zone BBRI has been beaten down badly in the last 2 months.
Market fear the increasing NPL and worsen economy but forgetting that BBRI still posted record profit recently. (BBRI has highest profit in Indonesia)
Management also initiated a stock buyback to support the prices.
So, if your stomach can withstand the downturn period for some time, this is the time blue chips can give you massive return in not so distance future.
$WOOD valid breakout on c&h patternSince trading on May 22 until today, Monday, August 19 2024, price movements have formed a cup and handle pattern with the neckline as the basis for price movement resistance for three months which has been breakout today and therefore can be used as a valid bullish signal.
The next movement we can set the target is 304 as the current resistance base with gain profit of 15.69%.
indicator:
- FIB fan speed resistence
- FIB Retracement
$DATA on zero demandIt is clear that the accumulation phase that has occurred since the first week of trading in July 2024 seems to have just finished and now an empty demand zone has been created and will be abandoned by further price movements to find a new demand zone, which is currently at the first resistance as the supply area the nearest one (R1) is 392 to continue to the next supply area (R2) at 466.
There is a strong pin bar to mark the end of accumulation i.e. inverted hammer (arrow)























