Dear all
After it broke down, suddenly it become false break.
So, it clear the long position first then clear the breakout short next,
From short bias, now the status become super bullish instead.
It is quite brutal indeed - -
SET : Posible move down to 1390 at the last destination,
on the movement of C , Fibo Retrecement 61.8% And Fino Projection 1.618%
and 34 Week Time Cycle already reached .
** Next 55 Week on Jan 2024 by Final price is 1390 !!!!
Dear all
Currently
In the very big picture, SET INDEX is still in retracing phase.
If 1350 is broken down, we will see around 1200-1265.
In the smaller time frame, it can bounce to reach 1430 first before broken down 1350.
So, in case that it really come to 1430, if cannot break up or flow did not come in.
It will be the time to sell and cut loss before...
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The Foreign Instituions have started releasing downgrades for Thailand. This is perfect time for them to create scary scenarios and enter in early themselves. Thailand is highly dependent on foreign investors. This could highly possible be a start of a new investment era. I have personally been bullish since November last year after SET came into the MONGHTLY FVG....
Hi all,
now it broke the down speed line already,
it is time to enter long ....
but if 1350 is broken down, it is time to cut loss
TraderApprenticePP
TraderPP
The SET is in a major downtrend. Runs out to the side and makes 3 to 4 waves on a ten-year scale, creating a compact form. The worst case scenario can re test the peak of Wave 1.
Dear All
Currently, it starts to do the consolidation.
No surprise because it has been up for quite sometime.
Here are the levels for looking to buy.
1. Around 1400-1410
2. Around 1370-1380
Even if it went back down to those level,
As long as it did not make the new low, your bias should remained upward.
Best Regards,
TraderApprenticePP
TraderPP
Dear all
as you can see, it is supposed to dop to 1200 after 1370 cannot hold
but with today and yesterday's rejection.
the view is entirely changed.
TraderApprenticePP
Dear all,
from the big picture, now it went down to test around 1370-1375 which is 161.8%.
I really do hope that this level can hold, otherwise 1180 soon.
It seems too cruel but also highly possible if this level cannot hold.
So, if it breaks down, cut loss is the best choice.
TraderPP
TraderApprenticePP
