TradingView
dukeposh
Jul 31, 2022 6:06 PM

AOT | Wave Projection | Rising triangle ABCDE Uptrend Target Long

AIRPORTS OF THAILAND PUBLIC COSET

Description

Price action and chart pattern trading setup
> Rising triangle ABCDE pattern @ breakout neckline position
> TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave
> Stoploss @ triangle support -8% downside
> RRR: 2:1

Always trade with affordable risk and respect your stop

Trade active

Possible short opportunity retesting its support for ABC correction:
More