Price action and chart pattern trading:
> A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction
> The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick.
> Entry signal @ breakout recent resistance 33.75 baht
>...
Stock : Set Index.
OR just broke it's trend line and testing the resistance as present on chart.
KCE support
And PTT now at supply zone, If break the heading up to the target as written on chart
.
Trade safe and fun
\DYOR from many sources before trade :P
PTT is very laggard when compare to crude oil. Price will break symmetrical triangle if it can stay above 40baht. After break, it will move to 50-52 area.
Price Action & Chart Pattern Trading
I don't know why I kept this stock for a few years and didn't take profit. This symmetrical triangle has been going on for 2 years++ and coming to a considerably narrow down for breaking point. Hopefully, it will make some sense at the end.
Trade with affordable risk ratio
Always respect your stop
