umarzuki

umarzuki

keep eye on fibonacci levels based on Support & Resistance lines for any breakout/pullback on lower timeframes.

umarzuki

Expecting to go to 28580 since not making any new lows on daily timeframe. Let's wait for buy confirmation on lower timeframes on morning in london and new york timezones.

umarzuki

We wait for a retrace to sell eurchf on lower timeframes.

umarzuki

By fib retrace & support and resistance line to continue downward trend.

umarzuki

New low, wait for retrace to short.

umarzuki

Depends on index reaction and correlation with S&R & trendlines.

umarzuki

If daily price unable to break nearest resistance, short to 28368 is assumed.

umarzuki

Plan your trade accordingly based on this zones/levels.

umarzuki

UJ not able to break lowest low of the month, will expect a buy on breakout for at least 40 to 90 pips.

umarzuki Updated 

Sell since breakout and retouched resistance.

umarzuki

Wait till it breaks trendline or support.

umarzuki

Wait for Asian market open.

umarzuki

Watch for 240m candle close above or below support. Priorities on SnR.

umarzuki

Cutloss above fib 0.382 Re-enter around fib 0.5 & 0.618

umarzuki

Reason: Opened above daily support. Look at fibo for possible exits & stop losses.

umarzuki

Cut loss above resistence (fib 0)

umarzuki

I will put my SL at 1 after H4 candle closes at 1.618 and so on from my previous buy setup triggered at 0.236. This setup coincides with weekly SnR plotted.

umarzuki

Layer if above trend line, close when profit & leave 1 entry open, then break even.