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dukeposh

GPSC | Wave Projection | Bullish Dragon Flag Setup

Long
GLOBAL POWER SYNERGY PCL (SET:GPSC)  
dukeposh  
SET:GPSC   GLOBAL POWER SYNERGY PCL
Trend Analysis Chart Patterns Wave Analysis setindex priceaction elliottwaveprojection Bullish Divergence bullishdragon
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trendanalysis chartpattern waveanalysis setindex priceaction elliottwaveprojection bullishdivergence bullishdragon
Price action and chart pattern trading setup
> Bullish Dragon pattern in correction wave A, possible reversal for uptrend wave B
> Entry @breakout channel dragon ridge
> Target @ 0.618 retracement of previous top SMA200 zone
> Stoploss at the low A position - RRR: 2:1 downside -7%
Indicator:
> MACD bullish divergence signal crossing up baseline 0.

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