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dukeposh

CGD | Elliott Wave Analysis | Triangle Breakout +30% Upside

Long
COUNTRY GROUP DEVELOPMENT PCL (SET:CGD)  
dukeposh  
SET:CGD   COUNTRY GROUP DEVELOPMENT PCL
Trend Analysis Chart Patterns Wave Analysis setindex priceaction elliotwaveanalysis elliottwaveprojection Symmetrical Triangle emacrossover fibonaccianalysis
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trendanalysis chartpattern waveanalysis setindex priceaction elliotwaveanalysis elliottwaveprojection symmetricaltriangle emacrossover fibonaccianalysis
Price action and chart pattern trading:

> The current price crossover above EMA200 with squeezed symmetrical triangle pattern.
> A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside
> Entry@EMA200 zone
> Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside
> Stoploss @ right shoulder pattern wave b position -8%

Always trade with affordable risk and respect your stoploss


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