BDMS TF Month (Buy TP 22.40/24.00/26.50)BDMS TF Month (Buy TP 22.40/24.00/26.50)
1- Looking at the past, we see that the lowest point in 2020 was around 13.90, with the RSI at approximately 37.
2- Currently, it has dropped to the same level, around 38. We believe the price should reverse upwards.
3- When the Fibo (black line) is drawn, we see that the price has retraced to the 61.8% level at 20.30 baht, which is a key historical support level.
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If 19.80 is a reversal point,
it's possible the price will rise to test 22.40/24.00/26.50.
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Strategy:
Buy and sell at 22.40/24.00/26.50, respectively.
If the price falls below 19.80, cut your losses.
Good luck.
