Price Action & Chart Pattern Trading
> Confirmed Inverted Head & Shoulders in 4 hour timeframe
> Entry Zone@Breakout Setup
> Target Zone @ Volume Profile Point of Control
> Stoploss Zone @ Neck Line to right shoulder
Indicator signal support:
> Smart Money and Banker Fund Volume
> BBD bullish signal golden cross baseline 0
> Fundflow reversal signal confined
>...
Impulse has finished as price level 6.10THB
Since Aug 4th, graph is in correction phase.
Now price is going down as predict5 segment (a) as correction zigzag (5-3-5) , then plan1 will attempt price rebound as (b) as approx. 50%, 61.8% or 78.6% of (a).
- Plan 1; we will play once price go down around 78.6% (green color represent) of (a) as price as 4.05THB....
20181218 SET:SONIC hourly graph has RSI14 around 30% and CC59 resistance about 5% above the current price. A long entry with a target gain of +4% might be possible.
