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dukeposh

RATCH| Elliott Wave Projection | Inverted H&S Reversal Pattern

Long
RATCH GROUP PCL (SET:RATCH)  
dukeposh  
SET:RATCH   RATCH GROUP PCL
Trend Analysis Chart Patterns Wave Analysis setindex priceaction elliottwaveprojection Inverse Head and Shoulders macdcrossover
2
0
trendanalysis chartpattern waveanalysis setindex priceaction elliottwaveprojection inverseheadandshoulders macdcrossover
Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right shoulder position
> Target @ previous wave 4 and 2
> RRR: 2:1 with -5% downside risk
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