PTT | Wave Projection | Bullish Flag - Bullish Divergence
Price action and chart pattern trading:
> A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction
> The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick.
> Entry signal @ breakout recent resistance 33.75 baht
> Stop @ the current low 32.75 baht -3%
> Target 0.618 - 0.786 retracement 36-37 baht +8-10%
> RRR: 2.5:1
> A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction
> The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick.
> Entry signal @ breakout recent resistance 33.75 baht
> Stop @ the current low 32.75 baht -3%
> Target 0.618 - 0.786 retracement 36-37 baht +8-10%
> RRR: 2.5:1