BANPU | TFW Target Downtrend C.5-wave - Breakout Buy TP+80%
Updated
BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone
Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal.
Target: Key resistance @ 8.00 zone +60-80% profit
Support Indicator: MACD TFW doubled bullish divergence golden cross
Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal.
Target: Key resistance @ 8.00 zone +60-80% profit
Support Indicator: MACD TFW doubled bullish divergence golden cross
Trade active
The price has rebounded above downtrend line support after dipped below to the first target reversal zone. It is possible to continue a sideway down pattern until break of structure HH and HL as reversal confirmation above 6+ baht.Trade active
The price is at key resistance ma400 +30%++ profit status and approaching TP1 at 61.8% retracement - possible to lock some profit or trailing stop at ma5 support 7.30 baht.Note
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