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dukeposh

ABM | Triangle Breakout | Target ENTRY Position

Long
ASIA BIOMASS PCL (SET:ABM)  
dukeposh Updated   
SET:ABM   ASIA BIOMASS PCL
Support and Resistance Triangle Trend Lines setindex priceaction ABMSOLID Symmetrical Triangle breakoutsignal targetprice
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supportandresistance triangle trendline setindex priceaction abm symmetricaltriangle breakoutsignal targetprice
ABM | Thailand SET Index | Energy Sector | Chart Pattern Trading

> Chart Pattern: Symmetrical Triangle Breakout
> Price Action: ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
> Indicator: MFI Bull momentum above 60, RSI > 50 golden cross MA line, MACD crossing up signal line above baseline 0.

Trade with AFFORDABLE risk ratio 3:1
Trust in SYSTEM indicator
Always respect STOP-LOSS

Good Luck
DP
Trade closed: target reached:
I got stopped out at 3.30 support line half an hour before the market closed, possible to re-enter again once starting to enough 8-10 candlesticks building up consolidation.
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