Price action and chart pattern trading
> An overall global leading diagonal pattern with a possible A -wave uptrend with minor triangle 4-wave
> Target minor 5-wave of local A wave at 0.5 - 0.618 retracement global 4 wave +8-10%
> Stoploss @ lower triangle support - 3 - 4%
> RRR: 2.5:1
Always trade with affordable risk and respect your stoploss, nothing is 100%!
TH | Thailand SET Index | Financial Sector | Price Action & Chart Pattern Trading
Chart Pattern: Falling Channel - Bullish Bat Harmonic Pattern
Price Action: Breakout Entry Position
Indicator:
> RSI Bullish signal crossing up MA line above 50.
> MACD Bullish - golden cross signal just below the baseline.
Trade with affordable risk ratio 3:1
Trust in your system...
Price action and chart pattern trading setup:
> A potential reversal pivot point with an inverted head & shoulders breakout and pullback ENTRY
> Target: 1.0-1.618 fibonanci extension ABC uptrend wave +7-8%
> Stop: Inv. head zone position -4%
> RRR: 2:1 minimum
Always trade with affordable risk and respect your stoploss
Price action and chart pattern trading setup:
> A minor wave 2 correction ended with a falling wedge breakout with a potential target +22%.
> The current price is trading between SMA200 and SMA50 - a possible pullback entry at SMA50 and 20 golden cross price position.
> Stop @ the lowest inverted head & shoulders -7%
> Risk reward ratio: 3:1
Always trade with...
Price action and chart pattern trading setup
> A possible strong rising uptrend 4 Wave correction making a false breakout at EMA200D
> Wait and see at EMA200 retest confirmation
> Entry: EMA200D breakdown
> Target 5 wave correction of A-wave at EMA200 week -40% downside
> RRR: 3:1
Price action and chart pattern trading - A possible bull trap false breakout SMA200D
> The price strong breakout last week could be forming an inverse head & shoulders pattern for a possible 4-wave correction uptrend
> Wait for a pullback to complete the right shoulder consolidation pattern.
> Entry : breakout - right shoulder after pullback consolidation
>...
Price action and chart pattern trading setup
> Overall wave pattern moving in diagonal uptrend with a possible wave 4 triangle sideway.
> Now making a strong pullback to triangle support could be E- wave of ABCDE pattern at EMA200W zone
> Entry : A false triangle breakdown for a possible long entry between S1 and possible S2
> Target : bullish pennant at major...
Price action and chart pattern trading setup & target
> This wave analysis in weekly timeframe indicates a possible new 1-wave ABC uptrend reversal pattern with an inversed head & shoulders pattern support.
> ENTRY: A possible pullback trade at neckline breakout zone
> TARGET: head & shoulders targeting 1.618 extension +30% upside
> RESISTANCE: 1.0 Fibonanci...
Price action and chart pattern - descending triangle with a bullish divergence pattern in weekly timeframe is considered a strong reversal trading signal.
Wave projection: A possible 5 wave of major A-wave correction coming forming an ending diagonal wave targeting 0.5 - 0.618 fibonanci extension of previous 3-wave downtrend.
Entry: Descending triangle breakout /...
Price action and chart pattern trading setup
> Global pattern bullish complex inversed head & shoulders pattern breakout
> Local bull flag breakout EMA200 dynamic resistance with strong bullish candle - a possible ABC bullish wave targeting new wave 1
> Support pullback entry level : EMA200 zone
> Target 2X bull flag pattern @ 0.786 - 1.272 fibonanci extension...
Price action and chart pattern trading:
> An possible ABC correction scenario with bullish pennant pattern or descending triangle
> The price currently SMA20 crossing below SMA50 with MACD crossing down bearish support indicator
> PULLBACK TRADE @ bullish pennant support level at a further breakdown with local doubled top pattern targeting -4.5% downside to...
Price action and chart pattern trading
> A 2 conflicting pattern with a bearish move from the larger Head & Shoulders pattern and a bullish one with current bull pennant.
> The larger HS pattern could be overshadowing the smaller pennant pushing the price lower - SMA20 dead crossed SMA50.
> A strong symmetrical resistance; upper volume profile, price resistance,...
