MACD is about to cross up in the monthly chart. The target price assumption is the previous high. The stop loss level is placed below the wick of the last inside bar.
BR | Thailand SET Index | Food Sector | Chart Pattern Trading
Chart Pattern: Parallel Channel
Price Action: Strong Momentum Breakout - Entry @ Pullback
Indicator:
> MFI | Fund Flow Surge bullish signal
> RSI | Bullish signal above MA line - still not overbought
> MACD | golden cross signal line and above baseline 0.
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