USDMYR: Incomplete head and shoulders formingAnalisa forecast ambe untuk USDMYR, matawang negara sendiri. Ringgit boleh jatuh dari 3.25 kepada 3.73 dalam masa 160 hari. Ambe forecast ringgit akan ke harga 3.25 semula dalam masa lebih kurang 110 hari lagi (September 2015) insyaallah. Sama-sama doakan untuk ringgit yang lebih bernilai, dijauhi dari malapetaka dan dikurniakan kestabilan. Buat masa sekarang harga dijangkan akan menuju ke Right Shoulder dan dijangka pergerakan menurun akan bermula dari situ (ditanda dengan garisan hitam, Bearish Wolfe Wave juga terbentuk disitu).
Head-shoulders
Possible neck breakWe seem to be close to complete a classical head & shoulders reversal pattern. If we break the neck line around 234, it is possible that we will keep all the way down and then possible short position with an objective around 222.
This situation should resolve in the following 2 sessions (8 h)
Head and Shoulders Short on the GBPCADAfter looking at my GBPAUD dollar trade in the morning we noticed other head and shoulders patterns on the GBPCAD, we waited until the price broke below the resistance level and believe this trade will be completed within the next 6-12 hours.
This is a pretty simple High probability trading set up and should be a really good trade.
Trigger!