We've got a turtle soup pattern AND Friday closed with a --close to perfect-- bullish shaved top candle. And all of this went down, and changed power around the support resistance, I have been mentioning for so long, 1315.
Bullish shaved top candles, is most often followed by a smaller pullback in the next candle or coming coming candles. But it is a very...
Hello traders out there!
We can now see the full force of the bearish engulfing, the 22nd of July, I hope everyone with active SET trades has protected them, with a stop-loss, or taken out profits since then.
If the slow shielded animal (more explanation about the phrase later) won’t give protection to SET I can still see nice turning points. Mainly due to...
Triple Screens layout from Dr.Alexander Elder's book
TF 25 min for Entry point
TF day for candlestick pattern, stop loss, take profit
TF week for trend
TF 25 min entry point show MACD bullish divergent
TF day MACD histogram confirm blue signal system (in his book)
Have a nice day
SFLEX is still bullish
Bull strengths are gathering
The closed price of TF day compressed nearly the same price
High risk reward ratio because stop loss is 14.2-14.4.
Take profit is way up high
SET has been consolidating now for a while, hope you haven’t been greedy and has taken out your short term profits, since early June.
So what happened today?
Did SET fool traders, with a false breakout, or is it simply retesting the breakout? Well, if we tomorrow get a Gap and Go, it could be a bullish ride worth to follow for, a while.
If today’s pattern of a...
