B | Wave Projection | TFW Bullish Divergence | Ending Diagonal?Price action and chart pattern - descending triangle with a bullish divergence pattern in weekly timeframe is considered a strong reversal trading signal.
Wave projection: A possible 5 wave of major A-wave correction coming forming an ending diagonal wave targeting 0.5 - 0.618 fibonanci extension of
0.18THB
197.05 MTHB
688.43 MTHB
About BEGISTICS PCL NON-VOTING
Sector
Industry
CEO
Panya Boonyapiwat
Website
Headquarters
Bangkok
Founded
1995
ISIN
TH0709010R14
FIGI
BBG000PTL5Z5
Begistics Public Co. Ltd. engages in the provision of port facilities service and seaborne transportation. Its services include container yard, freight management, inland transport, customs brokerage, and contract logistics. The company was founded on November 24, 1995 and is headquartered in Bangkok, Thailand.
B | Wave Projection | Downtrend channel breakout Price action and chart pattern trading setup
> ABC Zigzag wave correction with a breakout at wave 4 downtrend channel
> Target downtrend zone at Fibonacci 1.0 extension - 0.45 baht price
> A possible upcoming bullish divergence for wave 5 with ending diagonal pattern
> Wait for retest at the low pos
B | Possible Bullish Wedge Reversal | Pullback EntryPrice action and chart pattern trading
> Downtrend flag parallel channel with bullish wedge reversal pattern
> Entry at pullback position
> Target at upper parallel channel
Indicator:
> RSI and MACD Bullish divergence
Always trading with affordable risk and respect your stop
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