Ladies and Gentlemen, Traders;
Here i have a very High Probability setup.
1. second shoulder forming on a critical Resistance area
2. Break and Retest of my Uptrending trendline.
3. Where this action is happening, is actually in the Fibonacci zone of 50%_61.8% of the previous bearish structure. Therefore, this means the market has corrected its previous structure by 50%.
I am anticipating a 50% correction of the whole bullish structure now. That is why I am awaiting Head and Shoulders Pattern as my High Probability Setup.
This is the plan.
What do you think? I would like to hear your view and your analysis in the comment section.
Thank you.
Here i have a very High Probability setup.
1. second shoulder forming on a critical Resistance area
2. Break and Retest of my Uptrending trendline.
3. Where this action is happening, is actually in the Fibonacci zone of 50%_61.8% of the previous bearish structure. Therefore, this means the market has corrected its previous structure by 50%.
I am anticipating a 50% correction of the whole bullish structure now. That is why I am awaiting Head and Shoulders Pattern as my High Probability Setup.
This is the plan.
What do you think? I would like to hear your view and your analysis in the comment section.
Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.