ImranRFx

ImranRFx

At double tops formation at a higher time frame, while the market is bearish initially. Market may go back for retest

ImranRFx

Market at bearish and a higher low at higher time frame while now in lower at a strong resistance level with a double tops, this could be the Genesis of our anticipated bearish!

ImranRFx

At a lower high in a higher time frame, while a double tops is made at a resistance level

ImranRFx

As you can see in Weekly, the market is in bearish trend where the support line was broken making LL, now market had a deep pull back where support became a distance by making LH. And in 240 you can see the market formed H&S at the resistance structure where the support line was broken and retest. Hence to anticipate bearish phase until double bottom is made at Weekly

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As you can see a Head and shoulders is formed and the neck line is broken.

ImranRFx

Double bottom with a shallow retest at the AOV

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Double top and retest at the AOV.

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AOV

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AOV

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AOV

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RSI

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RSI

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AOV as a Support.

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RSI(OB)

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Retest

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Bullish candle from support level.

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Still on push phase to engage more in AOV.

ImranRFx

However, since market is in uptrend @D and doesn't yet reach the (AOV). And double bottom on the previous HH which could possibly be a support@60.