as i said as my last analys we get good support and going to retest 97 area and if we can close the candle above97 so 106 to 110 by next week is not out of view otherwise we will head down and test again 88 - 89 area
I hope all is doing great! I will share my Elliott Wave count with you and it can be a sign of bigger moves will be infront of us.
Even though, my primary target has been to go much further down south to close gaps SET has left behind, since the March lows. I have stated to question this, at least for the near term trend but as the wave count says, when the...
Here is my setup for those of you who believs we are still in phase 2 and will continue up north. Have a look what happened last time SET touched ema40, will next time have the same affect? If you are a bull, then you should go for it. Very similar to my bearish setup. So its all about what you belive will happen
Those who believe SET has entered phase 4, then the direction is down south. I am ready to follow the pennant flag pattern, with a target of 1230-ish, and that number coincides with the bottom of, what I call, the "covid-panic-island" which should offer some suppport so could be a good place to lock in some profits.
we may trade in this bearish flag if you may call it , and we may see some brake otherwise trend will take us downside , not a good days for bank anyway. investor are away from bank actually thats why weakness are here . we also have 94 resistance over our head but is not strong resistant . we may test that area also to confirm our trend way
are we going to pass or reject ?? we may see some reversal price to retest the 97 area and will see but rejection on first test is may push trade price to 85 area
