dukeposh

CBG | Wave Analysis | Leading Diagonal 2-Wave

Long
SET:CBG   CARABAO GROUP PUBLIC COMPANY LIMITED
Price action and chart pattern trading setup
> A possible 2-wave leading diagonal pattern ending at 0.786 retracement zone
> Entry @ downtrend breakout with reversal pattern - watch for double bottom / inverse head & shoulders / triangle wave candlestick consolidation
> Target @ 0.786-1.0 retracement to previous 1-wave + 10 - 12%
> Stoploss @ the lowest position -4-5%
> Risk reward ratio: 2.5:1

Always trade with affordable risk and respect your stoploss

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