**Trend analysis Major-Downtrend Minor-Sideway ***Pattern analysis Major - Minor - Divergence and Shakeout ***Tactics 1.RSI Divergence 2.Price> MA 3.Shakeout Expected TP RR 1:3 Have a good trade kub :)
Price action and chart pattern trading > TFM head & shoulders pattern after a possible major 4-wave downtrend 0.618 retracement with ABC correction formation > Target H&S bottom @ the next key level down SMMA200 month as a strong support - possible retesting previous 4-wave zone during covid outbreak. Always trade with affordable risk and respect your stoploss,...
Everything is on the chart feel free to feedback / comment Trade safe and sanook
Long SCC, strong support, accelerated upside with MA 50 crossing MA 200. Resistance at 405, after that it's takeoff.