ABM | Triangle Breakout | Target ENTRY Position
Updated
ABM | Thailand SET Index | Energy Sector | Chart Pattern Trading
> Chart Pattern: Symmetrical Triangle Breakout
> Price Action: ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
> Indicator: MFI Bull momentum above 60, RSI > 50 golden cross MA line, MACD crossing up signal line above baseline 0.
Trade with AFFORDABLE risk ratio 3:1
Trust in SYSTEM indicator
Always respect STOP-LOSS
Good Luck
DP
> Chart Pattern: Symmetrical Triangle Breakout
> Price Action: ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
> Indicator: MFI Bull momentum above 60, RSI > 50 golden cross MA line, MACD crossing up signal line above baseline 0.
Trade with AFFORDABLE risk ratio 3:1
Trust in SYSTEM indicator
Always respect STOP-LOSS
Good Luck
DP
Trade closed: target reached
I got stopped out at 3.30 support line half an hour before the market closed, possible to re-enter again once starting to enough 8-10 candlesticks building up consolidation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.