IP | Falling Wedge Reversal| MFI Divergence | Elliott 4th Wave?
IP | Thailand SET Market | Price Action Trading | Elliott Wave Tracing
Chart Pattern: entering Falling Wedge Reversal Pattern
Price Action: Downtrend area of consolidation
Entry Position: Buy on BREAKOUT of FALLING WEDGE
Indicator:
> MFI - Money Flow Divergence - Banker accumulation phase
> RSI - Sideway up below 50
> MACD - Golden cross below baseline 0
Trust SYSTEM & INDICATOR | Never panic trade
Trade affordable RISK | Ratio 3:1
Always respect STOP-LOSS
Good Luck
Chart Pattern: entering Falling Wedge Reversal Pattern
Price Action: Downtrend area of consolidation
Entry Position: Buy on BREAKOUT of FALLING WEDGE
Indicator:
> MFI - Money Flow Divergence - Banker accumulation phase
> RSI - Sideway up below 50
> MACD - Golden cross below baseline 0
Trust SYSTEM & INDICATOR | Never panic trade
Trade affordable RISK | Ratio 3:1
Always respect STOP-LOSS
Good Luck
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.