Get started
dukeposh

BBGI | Wave Projection | Upcoming Inverse Head & Shoulders

Long
BBGI PUBLIC COMPANY LIMITED (SET:BBGI)  
dukeposh  
SET:BBGI   BBGI PUBLIC COMPANY LIMITED
Trend Analysis Chart Patterns Wave Analysis setindex priceaction Inverse Head and Shoulders elliottwaveprojection BBGI macdbullishdivergence rsibullishdivergence
0
0
trendanalysis chartpattern waveanalysis setindex priceaction inverseheadandshoulders elliottwaveprojection bbgi macdbullishdivergence rsibullishdivergence
Price action and chart pattern trading setup:
> Possible upcoming ending diagonal of intermediate 5-wave downtrend with inverse head & shoulders
> Entry @ breakout neckline
> Target @ approximately the height of the head 9 baht
> Stoploss @ upcoming right shoulder minor 5-wave
> Risk reward ratio: 2:1 with downside -6%
Indicator:
> RSI +50 cross MA and MACD bullish divergence

Always trade with affordable risk and respect your stoploss
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.