afiqz

afiqz Updated 

-The Price has recently broken a very strong Daily Resistance zone while forming an over-extended W formation -After an over-extended W formation we will be expecting a retracement to neckline of the w formation, in this case it is in the newly broken resistance which now turn support. -this is an ideal structured scenario because after the market has...

afiqz

Tayor!

afiqz

Looking good for a buy setup! Price has shown to be respecting the lower Trendline thus forming a double bottom/ W formation

afiqz

Be Reactive to the market. always look for confirmation in lower TF note: This is a simple analysis using only SNR. TAYOR!

afiqz

Swing Short Idea After price has broken neckline, I will wait for retracement at least fib 31.8 % for my entry. always look at H4 timeframe for confirmation

afiqz

WEEKLY Timefram- price has broken lower Trendline Daily Timeframe- visible H&S , market may move towards upper daily TL before taking short Note: if price breaks upper Trendline D1, long after Retracement!

afiqz

TAYOR, wait for confirmation for either strategies

afiqz

Since H&S fails at H4 , focus back to the topside towards the 61.8% Fibonacci retracement at 1956. Stay nimble for the FOMC tomorrow Wait for the break.