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HafiqAiman
Jul 7, 2020 9:12 PM

LYC - Beware of this market structure 

LYC HEALTHCARE BERHADMYX

Description

Price already rejected fibo level 61.8% and move up from here
Price failed to break LH in order to move up but create a new LH.
There is demand zone which is not yet retest.

TAYOR.



Comments
melancholiafx
lyc ni dh boleh start buy kan..break trendline
HafiqAiman
@melancholiafx, Boleh dah ni..tapi nak entry tu kat mana kene cari dulu.. saya baru on balik tgk chart ni
melancholiafx
@HafiqAiman, ok baik..
kaivearn
Tuan, ada kemungkinan dia form inverted head and shouders tak? ataupun right shoulder invalid because of a downward sloping neckline?
HafiqAiman
@kaivearn, pandangan saya, kalau nak jadi inverted price mesti lepas 0.365 dan buat new high.. skrg ni xlepas pula..
HafiqAiman
@kaivearn, Inverted mesti create L > LH > LL > HH > HL..
kaivearn
@hafiq86, thank you tuan for the insight. i think i should CL soon....
affan1590
Tuan, what is the suitable price for CL? Entered too early actually, at 0.34. wondering if the price move down too much.
HafiqAiman
@affan1590, tgk dulu price action di kawasan demand zone 0.29 tu macam mana. If nak CL bawah LL 0.255.. Tapi bawah sket ada lagi tempat utk reentry. Last point utk buy.. Itu yang saya nampak la.
affan1590
@hafiq86, thanks Tuan. Got some idea on it.
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