GPSC is still moving in downtrend although it rebounded during previous weeks. However, it's interesting when TD sell setup is counted and unable to break TDST Level. That's supposed the stock is still moving in the same trend. The previous low is expected as the target price while another side of wave line is applied for stop loss. Enjoy your trading.
Price action and chart pattern trading > Elliottwave downtrend channel confirmed breakout crossover SMA200 heaven/hell line - RSI TFD already overbought - Pullback trade for medium-term is recommended > Target @ volume profile POC 1.618 extension zone and 2.618 zone for 2nd target > Stoploss @ Wave 5 zone Inverted Head or right Shoulders > RRR: 2:1 downside less...
Intermediate Negative Down TP@12.8 Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice.
Price action and chart pattern trading > A Rising Elliott channel pattern with bearish divergence indicating limited upside for ending diagonal > Minor wave 5 estimated at 1.618 retracement of wave 4 | 28.00 - 29.00 baht zone > Take profit at the upper resistance zone Always trade with affordable risk and respect your stoploss
Price action and chart pattern trading setup - short term trade > Downtrend Bullish Elliott Flag - Ending Diagonal Pattern > Entry @ Pullback EMA10 - 20 zone > Target @ upper flag resistance zone / SMA50 > Stoploss - the lowest position of wave 3 > RRR: 1.5:1 short term trade Indicator: > Smart money volume support > Banker chip entry signal > BBD bullish...
An example of Bearish Divergence pattern. Higher high on price and lower low on MACD.
For ASAP, I'm lucky to entry position with negotiable price. So, risk reward ratio of this trade is so competitive and easy to hold the position.
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.)
Price action and chart pattern trading > Current uptrend channel of diagonal sub-wave 3 progressing to the Intermediate Wave B just above SMA20 > Estimated Intermediate wave B at 0.618 - 0.782 retracement zone of previous wave A - price range 24 - 25 baht
Price action and chart pattern trading > update wave analysis target for downtrend at SMA200W - extension 0.786 - 1.0 of wave A > Long Entry- patiently await for upcoming downtrend line breakout wave ii and iv for reversal confirmation Always trade with affordable risk and respect your stoploss
Sometime, trading with basic technique is simple but productive. Don't forget to apply price pattern with AO signal for trading plan. Good luck
Price Action and chart pattern trading > Symmetrical triangle pattern with a possible retracement to key support line > Entry opportunity at PULLBACK > Target 0.786 - 1.0 Fibonacci Indicator: RSI and MACD uptrend bullish signal Risk Ratio 1:2 Always trade with affordable risk and respect your stop loss.
I'm gonna put less of personal thoughts but just Some facts : 1. SP500 Rebound , SET will be followed but see price action again at resistance 2. It broke down support...confirmed with weekly full candle (Usually going to retest lower one) 3. MACD is about to cross down... See earlier what happened when it crossed down But it isn't crossed down yet...(can trick...
Just curious about this in wyckoff events and phases Lets see how it goes
BGC is in an uptrend. It is expected that the price will come down to test the 9.60 support again and here there is a chance that the price will rebound. Waiting to buy the red zone, target 11.40 >>>GooD Luck 😊
my wild guess, if bearish, it will be : combinations of 5 factors 1. fib ext. at 1.0 aim 2. bearish trendlines (3 points support) 3. last clear support price 4. MCDX shows that whales are leaving (takes time to come back) 5. time channel (1:1) shows many fine mapped points (1 time zone = 8 months period) so it could be fun this year. :P --note-- for edu...
This is the main channel..in purple Just wanna show where we actually are at this cycle . everything is on the chart... its monthly chart 1 candle = 1 month See u at bottom in some years
If this weekly candle close below 1659 we'r heading 1600 , if not then we still play up zone