dukeposh

dukeposh

TFD Wave Analysis / Projection - 5 wave ending diagonal pattern? Normally the opposite of previous wave if wave 1 was ABC uptrend, the correction could be 5 wave down > A potential 5 wave pattern correction downtrend bullish scenario with 5-3-5-3-5 pattern after finishing uptrend ABC wave pattern 5-3-5 > 1-wave - 5 wave downtrend correction retraced previous ABC...

dukeposh Updated 

Price action and chart pattern trading medium term setup > A possible sideway downtrend ending diagonal pattern with a falling flag channel 5 wave > Now, the price reached the T1 target at 1.618 fibo extension of 1-wave downtrend > The candlestick pattern is consolidating at the lower support level could be 3-wave and getting ready for 4-wave uptrend rebound >...

dukeposh

Wave Analysis combined with price action and chart pattern trading: > A potential minor 1-wave descending triangle breakout scenario with ABC falling wedge retraced 0.786 fibonacci level > After recent uptrend diamond breakout above SMA200, now assuming a possible upcoming bullish divergence FAKE BREAKDOWN minor 5-wave to complete the reversal pattern for...

dukeposh Updated 

Price action and chart pattern trading > Downtrend Elliott wave channel breakout intermediate ABC correction, a possible reversal with minor ABC uptrend wave > Pullback Entry @ downtrend channel retest at B-wave > Medium-term target @ volume profile point of control 0.382 retraced previous uptrend major C-wave > Stoploss @ the lowest minor 5-wave -5% - 10%...

dukeposh Updated 

Price action and chart pattern trading setup: > A potential ABC correction reversal pattern with MACD bullish divergence below baseline > The price is currently trading between SMA20D vs SMA50D > The current C wave position retraced 0.786 of A wave with a bullish inside combo pattern > Entry @ pullback SMA20 zone > TP1 @ bullish inside price action combo +25-30%...

dukeposh Updated 

Price action and chart pattern trading > Elliott Wave projection - a possible breakout of corrective wave A position at 0.618 retracement of previous wave 5. > Target Wave B zone estimated at 0.618-0.786 of the current wave A uptrend + 15 - 18% upside again > Stoploss at the lowest wave A position plus ADR average day range -5 - 7% downside > RRR 2:1 for short...

dukeposh Updated 

Price action and chart pattern trading setup > Contracting Wave Channel pattern with downtrend target around the corner. > Entry @ minor downtrend channel in daily timeframe breakout above SMA200 > TP1 @ wave (3) position > TP2 @ wave (5) III position for medium term > Stoploss @ SMA200 downside -9% RRR: 2:1 Indicators signals not shown here: > Smart money...

dukeposh Updated 

Price action and chart pattern trading - Minor downtrend ending diagonal pattern with MACD bullish divergence > A possible wave 4.3 minor downtrend wave at the lower support 0.786 extension of wave 4.1 and upcoming rebound wave 4.4 to 0.382 - 0.5 fibonacci retraced from wave 4.3. > Target upside +10 - 12% while downside is -6%, RRR: 1.5:1 > The final downtrend...

dukeposh Updated 

Price action and chart pattern trading setup > Overall wave pattern moving in diagonal uptrend with a possible wave 4 triangle sideway. > Now making a strong pullback to triangle support could be E- wave of ABCDE pattern at EMA200W zone > Entry : A false triangle breakdown for a possible long entry between S1 and possible S2 > Target : bullish pennant at major...

dukeposh Updated 

Price Action & Chart Pattern Medium Term Trading > Parallel Channel Trade Setup > Doubled Bottom | Entry @ Breakout Indicator: > Smart Money & Banker Chip Volume Support Timeframe 4H > BBD bullish signal crossed above baseline > Fundflow uptrend reversal pattern > KDJ ribbon changing to uptrend Trade with affordable risk ratio 2.5:1 for medium term trade Always...

dukeposh

Price action and chart pattern trading: > A possible 3.C wave correction position - pullback entry at EMA20 zone - Target EMA200W / Fibo 0.5 retracement previous major 1 wave zone -25% downside - Stoploss @ wave 3.b position -10-12% > Fundflow RSI tapping oversold zone but no bullish divergence signal > BBD below 0 baseline potential lower price trending > KDJ...

dukeposh Updated 

Price action and chart pattern trading: > An possible ABC correction scenario with bullish pennant pattern or descending triangle > The price currently SMA20 crossing below SMA50 with MACD crossing down bearish support indicator > PULLBACK TRADE @ bullish pennant support level at a further breakdown with local doubled top pattern targeting -4.5% downside to...

dukeposh Updated 

Price action and chart pattern trading setup > Rising triangle ABCDE pattern @ breakout neckline position > TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave > Stoploss @ triangle support -8% downside > RRR: 2:1 Always trade with affordable risk and respect your stop

dukeposh Updated 

Price Action & Chart Pattern Short-term Trading > Inverted Head & Shoulders > Entry @ Breakout Setup > Target at previous high > Stoploss @ right shoulder Indicator: > Banker Smart Money & Banker Chip Volume Support at significant level > BBD bullish divergence crossed above baseline > Banker Fundflow uptrend but not overbought > KDJ ribbon on uptrend above...

dukeposh Updated 

Price action and chart pattern trading > Elliott Wave projection possible the end of Intermediate 4-wave downtrend > Complex inverted head & shoulders formation ABC uptrend correction > Bullish divergence in previous 5-wave downtrend confirmation > Entry @ neckline breakout - RSI downtrend breakout > Target @ C-wave uptrend 1.618 extension of A-wave near volume...

dukeposh

Price action and chart pattern trading: > The current price crossover above EMA200 with squeezed symmetrical triangle pattern. > A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside > Entry@EMA200 zone > Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside > Stoploss @ right shoulder pattern wave b position -8% Always trade with...

dukeposh Updated 

Price action and chart pattern trading > Elliott wave downtrend falling wedge breakout > Inverse head & shoulders reversal pattern with breakout > Entry @ pullback B-wave retraced near neckline zone > Target @ 0.386 retracement of (A) wave - volume profile point of control zone > Stoploss @ the lowest head position -10% downside > Risk reward ratio: 2:1 Always...

dukeposh Updated 

ASIAN | Thailand Set Index | Food Sector | Target estimated for uptrend minor impulse wave > Strong momentum breakout of triangle with area of consolidation support > Breakaway candlestick - possible BUY ON DIP > RSI & MACD Bullish signal Always respect your stoploss Good Luck