dukeposh

GEL | Parallel Channel Breakout | Target Entry@Pullback

Long
SET:GEL   GENERAL ENGINEERING
GEL | Thailand SET Index |Construction Material Sector | Price Action Trading

Chart Pattern: Falling Parallel Channel Bullish Reversal
Price Action: Bullish Breakout Entry at PULLBACK position

Target estimated for short-term / long-term shot
Indicator:
> Support line just above EMA200
> RSI bullish signal above MA line
> MACD golden cross above baseline 0

Trade with affordable risk ratio 3:1 at least
Always respect your stop-loss

Good Luck
DP

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.