***Trend analysis Major-Sideway Minor-Uptrend ***Pattern analysis Major - Minor - HH/HL ***Tactics 1.Buy on Weakness 2.Price> MA 3.MA Cross up Expected TP1 RR 1:2.2 / TP2 RR 1:5 Have a good trade kub :)
After CENTEL and its WTZ1 Setup has tested the 1st TP (Fibo E.138.2%). it's consolidating for a few period and rose with volume. We expect it can rise to the next TP (Fibo E.200%) which equal to the height of the previous range.
CENTEL has broken the trading range with long white candle stick and high volume. I set alert for breaking the upper range level, and ordered some position at 27.50THB with a small stop loss at the gap (26.50). 1st TP. at Fibo. Ext.138.2% (31.00) is hopefully expected.
Trading plan Buy 1st lot when break out If retrace buy 2nd lot TP as fibonacci projection.