BAM | CUP & HANDLE | Estimated TARGET | ENTRY Position
BAM | Thailand SET Index | Financial Sector | Chart Pattern Trading
Chart Pattern: Cup & Handle Target Estimated on weekly timeframe
Price Action: Entry position - Buy on breakout
Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0
This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below entry point
Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS
Good Luck
HNY 2022
Chart Pattern: Cup & Handle Target Estimated on weekly timeframe
Price Action: Entry position - Buy on breakout
Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0
This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below entry point
Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS
Good Luck
HNY 2022
Trade active:
New Long Entry - possible Bull Flag with TP +20% wait for fake breakdown with bullish doji/hammer:
