dukeposh

CHAYO | Elliott Wave | Correction Projection - 25%

Short
SET:CHAYO   CHAYO GROUP PCL
Price action and chart pattern trading
> The current price C-wave correction is moving within a falling flag
> Potentially 4-wave uptrend targeting 0.5 retracement of 3-wave approaching / fakeout SMA200 day resistance zone.
> Entry @ SMA200 breakdown
> Target @ 0.5-0.618 Wave 3 extension zone -25% - 30%.
> Stop @ 8% previous 1-wave correction zone

Always trade with affordable risk and respect your stoploss

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