SONIC trade ideas
SONIC | Inverted Head & Shoulders | Entry Setup | TF4HPrice 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
> KDJ uptrend reversal purple ribbon
Trade with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
SONIC 2 alternate planImpulse 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. At this point, we will looking for rebound pattern or candle stick , for real time monitor we will observe bid/offer & ticker. when market maker does start to pull pricing up , then we will follow buy market marker. and target will be 3 predictions (5.05 ,5.30, 5.65) for more clear picture pls pls find in graph.
Alternate plan as
- Plan 2 we will play once price go down around 61.8% (blue color represent) of (a) as price as 4.30 THB. At this point, we will looking for rebound pattern or candle stick , for real time monitor we will observe bid/offer & ticker. when market maker does start to pull pricing up , then we will follow buy market marker. and target will be 3 predictions (5.20, 5.40, 5.70) for more clear picture pls pls find in graph.
SET:SONIC hourly chart shows a low risk state for +4% investment20181218 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.
