Price action and chart pattern trading - A possible bull trap false breakout SMA200D > The price strong breakout last week could be forming an inverse head & shoulders pattern for a possible 4-wave correction uptrend > Wait for a pullback to complete the right shoulder consolidation pattern. > Entry : breakout - right shoulder after pullback consolidation >...
Price action and chart pattern trading setup & target > This wave analysis in weekly timeframe indicates a possible new 1-wave ABC uptrend reversal pattern with an inversed head & shoulders pattern support. > ENTRY: A possible pullback trade at neckline breakout zone > TARGET: head & shoulders targeting 1.618 extension +30% upside > RESISTANCE: 1.0 Fibonanci...
END OF 2022 "SET" 1700, 2024 TARGET 2400-2450 This year setindex will bullish to 1,700
Price action and chart pattern - descending triangle with a bullish divergence pattern in weekly timeframe is considered a strong reversal trading signal. Wave projection: A possible 5 wave of major A-wave correction coming forming an ending diagonal wave targeting 0.5 - 0.618 fibonanci extension of previous 3-wave downtrend. Entry: Descending triangle breakout /...
Possible to retest 1700 - 1750 The monthly candle is positive lets see how it goes
Price action and chart pattern trading > A 2 conflicting pattern with a bearish move from the larger Head & Shoulders pattern and a bullish one with current bull pennant. > The larger HS pattern could be overshadowing the smaller pennant pushing the price lower - SMA20 dead crossed SMA50. > A strong symmetrical resistance; upper volume profile, price resistance,...
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 >...
Price action and chart pattern trading: > The price during last few weeks squeezed just under EMA200D with a series of bullish candlestick pattern > A possible ABC uptrend wave with bullish pennant pattern target +22% at TP3 1.618 fibonanci extension. > Support @ S1 -7% and S2 -10% downside > Risk reward ratio: 2:1 > MACD squeezed momentum under the...
Price action and chart pattern trading setup: > A bullish dragon pattern with an uptrend ABC wave currently making a pullback to the rising channel support at the volume profile point of control > The price is below key dynamic support SMA200 and SMA50 which is considered a downtrend movement or could just be a false break dump and pump > Entry @ SMA50 and SMA200...
Price action and chart pattern trading setup: > The key level to watch for the price now almost reaches the upcoming channel resistance and minor ABC pattern T1 zone. > Take partial profit recommendation, most likely to retest the triangle neckline or breakdown making E wave dump and pump pattern. > Entry @ neckline pullback zone 0.382 and S2 @ 0.618 SMA200D...
Price action and chart pattern trading setup > A possible bullish uptrend ABC scenario with complex inverse head & shoulders pattern with SMMA50D as its neckline BREAKOUT! > The candlestick pattern is consolidating just above the breakout area which possibly retest its neckline next week before price push higher. > Entry @ B1: PULLBACK retesting neckline within...
support and resistance (Actually big picture it hit "all time resistance" many times already but never break through it right now we are at very good support too , if it holds then possible to try to break through again
Price action and chart pattern trading > TFM head & shoulders pattern after a possible major 4-wave downtrend 0.618 retracement with ABC correction formation > Target H&S bottom @ the next key level down SMMA200 month as a strong support - possible retesting previous 4-wave zone during covid outbreak. Always trade with affordable risk and respect your stoploss,...
Price action and chart pattern trading > Pattern Head & Shoulders with a possible target downtrend C-wave 0.786 fibo zone extension of previous A-wave > Current moving uptrend minor 4 wave correction with limited downside at SMMA200W as the target. > Long Entry @ local channel breakout once completed minor 5-wave > Key resistance SMMA50W
Price action and chart pattern trading > Possible making its uptrend to 4-wave of the 1st A-wave correction, expecting a retracement of 0.382 - 0.5 of 3-wave > EMA100 W and EMA 200 W are the key dynamic support and resistance of the current movement. > The final 5-wave of A could be retraced back at EMA200 W. > Wait for daily timeframe reversal pattern near...
Price action and chart pattern trading setup: > A possible inverted cup&handle pattern ABC correction > stock price once again testing its support and probably making another pullback one more time > Target handle pullback @ 0.382 - 0.236 Fibonacci zone > Target downtrend C wave @ inverted cup&handle breakout @ 0.786 - 1.0 fibonacci extension of A wave > Stoploss...
Price action and chart pattern trading > Falling wave channel pattern, possible downtrend 3-wave ending diagonal pattern > Target doubled top zone previous wave 1 - 2 as price rejection is expected, followed by tight candlestick consolidation. > Entry @ downtrend channel breakout from the consolidation, MACD and RSI bullish signal > there are other strategies you...
Price action and chart pattern trading: > Falling wedge correction wave with strong breakout uptrend if you didn't catch the first uptrend, here is the setup for buying the dip. > status MACD dead-crossing the signal line, possible correction is coming. > 1st Entry @ strong POC support near 6 baht or SMMA25 zone > 2nd Entry @ falling wedge retest zone about 0.618...