YunusZafar

YunusZafar

BREAK AND RETEST OF SUPPORT 50% CONFLUENCE 38.2% CLUSTER ZONE

YunusZafar

50% Suport Level Swing Failure

YunusZafar

CLEAR RESISTANCE BREAK AND RETEST WITH 61.8 CONFLUENCE

YunusZafar

DAILY RESISTANCE AT FINAL TP LEVEL FOR PREVIOUS LONG. AFTER 3RD WAVE WILL SHIFT IN TREND AND CREATE A LOWER LOW PAST RED CIRCLED REGION. TRIPLE TOP 850+ PIPS.

YunusZafar

Trade taken. 3rd impulse move off the 61.8. wick entry and slowly moving down to final take profit

YunusZafar

USDCAD broke out of current downtrend looking for a retest of trendline matching up with 61.8 zone

YunusZafar

Uptrending market 61.8 fib zone previous pullback shows drop into zone

YunusZafar

Broken Uptrend Break and retest of support turned resistance 61.8 fib retracement

YunusZafar

Broke previous lower high to shift to an uptrend Waiting for pullback at 61.8 fib level

YunusZafar

Previous Harmonic Pattern Formed 61.8 = Good s/r Zone Measured Moves

YunusZafar

Downtrend 61.8 and 38.2 cluster retracement Strong s/r zone Break and Retest of Zone Measured moves match up with (38.2 level not the main 61.8 retracement) -27 extension level

YunusZafar

Simple break and re test of support 71 retracement rsi divergence

YunusZafar

Overall looking at a sell on CADJPY but first i see a retracement up to our 61.8 level then a drop to finish the head and shoulders pattern

YunusZafar

We have seen 3 previous measured impulse moves to the upside around 540 pips each, a nice shift in trend has formed as we see it has gone past the previous lower high in the uptrend. I can see it pulling back to our 61.8 retracement level and dropping to our -61.8 extension level as I have measured the previous impulse move down and it lines up nicely with that...

YunusZafar

Swing trade to the downside, we have seen a previous swing low at this position before and expect to see it pullback to this same 71 fib level zone I have drawn (purple) which is also a cluster from fibs pulled from the previous high on the daily chart. Instagram: @zxfxr