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dukeposh

IVL | Ascending Triangle | Bull Trap - Limited Upside

Short
INDORAMA VENTURES PCL (SET:IVL)  
dukeposh Updated   
SET:IVL   INDORAMA VENTURES PCL
Support and Resistance Supply and Demand Triangle setindex priceaction Ascending Triangle bullishtrap bulltrap
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supportandresistance supplyanddemand triangle setindex priceaction ascendingtriangle bullishtrap bulltrap
IVL | Thailand SET Index | Petro Sector | Chart Pattern Trading

> Ascending Triangle continuation pattern - Bullish Trap with limited upside
> Price Action: Wait for tighter candlestick consolidation - Entry @ Demand Support Line Zone only
> RSI - bullish trap signal
> MACD - Bearish Divergence

DP
Trade closed: target reached:
Target reached at key volume profile support at the previous wave 2 zone - possible at important liquidity support
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