Poll

What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
Stochastic
MACD
Ichimoku Kinko Hyo
Volume
Momentum
Poll Maker

Wednesday, 8 May 2013

FCPO : Looking for another Push

FCPO



FCPO TF10.. 8/5/2013

In my personal observation, a complete Elliot Wave is done today, and new wave started by breaking the flag resistance.. At the moment, price is above mouth and this indicates price is in bullish wave again.. so, the possibility to break 94 is there. Lets see tomorrow.. My target for the 1st wave to be at 98 or 03.. at 00 will have physiological resistance.. my trading plan is to be in Long position at a little bit lower than current price and hold until the end of wave 5; approximately to be at 2330~ area..