AYS Ventures Bhd.

AYS in harmonic pattern

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Consider to study and monitor AYS where its daily chart resembles that of a BAT bearish harmonic pattern where a potential swing trade can be taken from fibo886 at Point C to fibo886 extension at Point D. The probable EP is 0.545 to retest fibo886 and the potential TPs are 0.745 at Point B and 0.910 at Point D. The probable CL is 0.510 which is below Point A. At present, the current price is supported by EMA200 which is probably a touch-point for rebound. This is not a trade or investment call but for study and sharing purposes only with a view to develop and enhance one's trading knowledge and skill. Trade at your own risk.

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