We can see that GPSC is correlated with US10Y. . US10Y is at a peak level of 5.00% , And with a possible of retracement to 50% Equilibrium of the highest and the lowest of US10Y which is at 2.680% (as of1 Aug 22) . With this information we can target GPSC at the same level of 1 Aug 22 which is 71 Baht. . Entry around this level will possibly gain around...
Price action and chart pattern trading > Cup & Handle pattern with a leading diagonal wave forming the cup handle, possibly iv-wave correction targeting EMA70 slightly below the lower channel support > Expecting a candlestick tight formation for reversal pattern formation before entering a long entry. > The target 3-wave confirmation should break out the upper...
Price action and chart pattern trading setup > Wave projection - corrective ABC ending diagonal Wave 4 at 0.5 - 0.618 of wave A, ranging from 36-41 baht. > Final wave 5 to complete Wave C projected at 0.786 - 1.0 of Wave A, 23 - 30 baht range. > Entry @ Falling Wedge breakout after completing wave C > Target at Wave B position > Stoploss at wave C lowest...