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dukeposh
Mar 1, 2022 3:03 PM

VPO | Falling Wedge Reversal Pattern Breakout Entry Setup Long

VICHITBHAN PALMOIL PUBLIC CO LTDSET

Description

Price action and chart pattern trading setup
> Falling wedge reversal pattern
> Entry @ Breakout setup - bullish candlestick golden cross SMA50
> Target 0.618-0.786 target zone retracement
> RSI bullish signal crossed up MA above 50
> MACD golden cross just below baseline
> Target RR 2:1 for medium term trade

Always respect your stop loss!
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