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dukeposh

VL | Cup & Handles | Target Estimated | Elliott Wave Updated

Long
V.L. ENTERPRISE PCL (SET:VL)  
dukeposh Updated   
SET:VL   V.L. ENTERPRISE PCL
Support and Resistance Fibonacci Cup And Handle setindex priceaction Fibonacci Retracement Ascending Triangle
3
0
supportandresistance fibonacci cupandhandle setindex priceaction fibonacciretracement ascendingtriangle
Price Action & Chart Pattern Trading Setup
> Entry @ Breakout ascending triangle
> Cup & Handles pattern with target estimated for medium-term trading
> Updated Elliott Wave pattern for daily timeframe
> Trade with affordable risk ratio 3:1 for medium-term
> Always respect your stop-loss
Comment:
No trading active - The price did not meet entry setup criteria and declined below current support line to 1.70 price support below EMA200 level.

Suggestion: wait for the next solid consolidation to form above EMA200 and MACD crossing up baseline 0
Trade closed: stop reached
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