Price action and chart pattern trading
> Elliott Wave projection - a possible breakout of corrective wave A position at 0.618 retracement of previous wave 5.
> Target Wave B zone estimated at 0.618-0.786 of the current wave A uptrend + 15 - 18% upside again
> Stoploss at the lowest wave A position plus ADR average day range -5 - 7% downside
> RRR 2:1 for short...
III | Thailand SET Index | Transportation Sector | Price Action | Chart Pattern
Estimated Target for Uptrend - Previous High Breakout Pattern
> Strong volume support with downtrend rejection candlestick - clearing previous ATH selling force
> Substantial Banker Volume support
> Banker Fund Flow RSI still on high side.
> Banker KDJ continuing on the rise.
Always...
