Asia will be shaken to the core once again, but that's good news for China, first, for CCP it is an opportunity to step in and replace dollar with yuan, making countries in Asian region to submit to the Yuan power, de-dollarization of Asia. The first crisis was triggered by the handover of HongKong to China, this time it will be takeover of Taiwan by China....
Can this develop to Wyckoff pattern?
What do you think?
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Background: Ratchthani Leasing Public Co., Ltd. is engaged in the provision of hire purchase and leasing services. The company operates through three reportable segments: New car, Used car and Others. It also offers after-sale services, processing of...
Looks like USDTHB is going to break down on the hourly chart. Let's see if we continue to trade to the downside inside the channel. I've marked two take profit zones, don't exclude it going deeper.
- A good point for Tourism in Thailand, the country could get much more US/EU customers in 2022-23.
- in return it will be much more pain for Thai Peoples to visit USA and EU. (Euro is weak vs USD, but strong vs THB).
- Tourism still remain a big economic factor for Thailand, and much more important right now, after Covid Pandemic.
- The big problem is : Economy...
Berli Jucker Cellox LTD. (BJC, SET) Seem to end wave B, If the price don't below green "c" and break the green "d" and "b"
After price Break Resistance, Confirm the end of the triangle, Ready to the next wave :D :D: D
The next big wave target can reach around 110THB - 113THB if it confirms the pattern.
SET:BJC
Anyway, I'm still new to trading (Just 1 year), Feel...
The US dollar/ Thai baht (USDTHB) has been rallying to the bullish side. Hawkish Fed policy has remained the key source of dollar strength, but one may still wonder if the trend will continue or if it is already oversold and is bound for correction.
A unique indicator used to identify if a trend is oversold or overbought is the DeMarker indicator. The DeMarker,...
Previous bottom bounce failed so here's another attempt for potential long opportunity. Target - 37-40 THB (previous support/VWAP from IPO)
Key Observations:
- Break out of previous high created in March 2022
- Break out of volume shelf at the bottom (668M shares traded vs 442M shares float)
We surely BTC now are downtrend In Timeframe Day but in Timeframe Week still up trend because still upper MA 200 , if we use Dow theory They starting make lower high, Lower low it's may be a Starting of Downtrend in Timeframe week then let see if break down MA200 (or around 25,800) will confirm downtrend in week and the Next level support around 19,500.
#Keep planning
I use Stochastic, If Oversold without Lower low 1630 SET will go up but, If Breakdown supports line is 1625 1620
If u wait for collect stock, My idea Set index around 1630 can collect.
If they still last candle like this may it happen but we have waiting for confirm by next candle close make lower low last candle or below 990. if it happen that wave from 945 to 1005 it can be a rebound in big timeframe (4H&Day)
Can be Inverse Head&Sholder or not?? Let see
If can break 1633 and stay will test to break 1643 but in my idea , Index are not strong enough (Indicator doesn't support to break but it can happen too.)
Currently P/BV sits at 0.68 which is lowest in it's sector. Transformers are expected to make a comeback in the next few quarters as the effects of the pandemic dies down. Hold as strong balance sheet is expected with reduced long term debts, backlogs and lower variable costs. Another good possibility is the weakening of THB that will positively affect profits due...
Spotted a non-standard correction in the monthly time frame. This pattern has a min. tp of 61.8% of the last abc.
Ps. This is a TP in a large time frame, suggesting this level could take a bit of time to reach (months to years).
