***Trend analysis
Major-Down Trend
Minor-Sideway
***Pattern analysis
Major - Inverse H&S
Minor - Double Bottom
***Tactics
1.Buy on Weakness
2.Price> MA
3.MA Cross up
Expected TP1 RR 1:2 / TP2 RR 1:8
Have a good trade kub :)
A potential bull trap scenario with one more wave downtrend.
1. First correction - Extended flat ABC
Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A
2. Complex triangle ABCDE pattern
3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retracement at ma50w, creating a false breakout signal before final wave...
Dear all
i broke the zone and the trend line already,
4.22 ++++, it looks nice with high upside.
This is not financial advices, pleas make your own decision.
Just share for case study. Dont forget to cut your loss.
TraderApprenticePP
SET:SABINA
Confirmation Checklist
+ Price> Running Line (D W-)
- Not supported by Volume (D)
+ Base
+ Pattern
# but I think that in 4 month ago, it made too low price.
for me this pattern shall not come from too low.
Action Plan
○ Sell all, if close>TP or close<SL.
Dear all
In case that JMT can break 23,
No doubt in my mind that it would at least reach 30.
it cleared retail investors and re-testing the resistance so many time already.
The choice is yours to make.
Note: this is not financial advise and not responsible on any losses incurred.
Don't forget that Cut Loss is always your BFF
Best of luck
TraderApprencticePP
Dear all
Currently
In the very big picture, SET INDEX is still in retracing phase.
If 1350 is broken down, we will see around 1200-1265.
In the smaller time frame, it can bounce to reach 1430 first before broken down 1350.
So, in case that it really come to 1430, if cannot break up or flow did not come in.
It will be the time to sell and cut loss before...
Hi all
As i heard from many investors, they got stuck in this stock for quite sometime
Looking at VA, their cost should be around 20 sth.
What is getting interesting is the fact that it just broke the big down trend line!!!
I just wanna inform you that but what you make of it is up to you
Make your own decision.
TraderApprenticePP
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Hi all,
I would be great to TP and wait to buy later if the buying pressure come in
If wanna bet, must stand above 50 first,
Not recommend for buy or sell, just sharing the view
Please make your own decision,
Best Regard
The Foreign Instituions have started releasing downgrades for Thailand. This is perfect time for them to create scary scenarios and enter in early themselves. Thailand is highly dependent on foreign investors. This could highly possible be a start of a new investment era. I have personally been bullish since November last year after SET came into the MONGHTLY FVG....
