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dukeposh

WHA | Wave Projection | Inverted H&S Bull Divergence

Long
WHA CORPORATION PUBLIC CO LTD (SET:WHA)  
dukeposh  
SET:WHA   WHA CORPORATION PUBLIC CO LTD
Trend Analysis Chart Patterns Wave Analysis setindex wha priceaction elliottwaveprojection elliotwaveanalysis invertedheadandshoulders Bullish Divergence
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trendanalysis chartpattern waveanalysis setindex wha priceaction elliottwaveprojection elliotwaveanalysis invertedheadandshoulders bullishdivergence
Price action and chart pattern trading setup:
> Wave projection possible intermediate 4-wave rebound with inverted head & shoulders reversal pattern and MACD bullish divergence
> Entry @ Neckline pullback
> Target @ H&S Target or 0.386 retracement of previous 3-wave +6% upside
> Stop @ right shoulder - 3% downside
> RRR: 2:1

The downtrend target C-wave or final 5-wave estimated at 0.786 of the last B-wave

Always trade with affordable risk and respect your stop


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