CPF Elliott Wave Projection | Triangle Breakout - RetestPrice action and chart pattern trading
> Wave Analysis projection - descending triangle / wedge breakout trading target
> Entry @ support retest breakout downtrend wave triangle
> Target 1.0 - 1.618 extension of ABC uptrend wave possible at volume profile resistance
> Stop @ right shoulder of inverted head & shoulders
> RRR 3:1
Always trade with affordable risk and respect your stoploss
Setindex
CRC | Wave ABCDE Projection | Ascending Triangle Trading Target Price action and chart pattern long term trading setup - catching the impulse 3rd wave extension.
> ABCDE Wave ascending triangle correction during 2nd wave is one of the most powerful that generates maximum profit for traders
> Possible making the final E wave before breakout
> Watch out for dump & pump on the way as prolongation of the E wave.
Target estimated at the length of A wave equals to 1.618 extension or could be an impulse 3 wave - upside +40% at breakout position
Stoploss @ the lowest position of E wave - 10 - 15 % downside
RRR : 4:1 for long term trade
COM7| Target Elliott Wave 5th vs Powerful Three Drive HarmonicPrice Action & Chart Pattern Trading
> Estimated Target MINOR ELLIOTT WAVE 5TH based on Fibonacci 1.0 of wave 1 and 1.618 retracement of wave 4 vs the earlier powerful THREE DRIVE HARMONIC PATTERN of MAIN ELLIOTT WAVE 4TH correction
> Reversal pattern INVERTED HEAD & SHOULDERS in day timeframe.
Trade with affordable risk 3:1
Always respect your stoploss
Good Luck
ADVANC | Wave Projection | Possible trend reversal Inverted H&SPrice action and chart pattern trading setup
> Elliott Wave Projection - possible end of correction ABC
> Upcoming trend reversal pattern - inverted head & shoulders
> Entry @ Neck line breakout
> 1st Target TP1 - SMA200 and TP2 - previous Wave (B) position
> Stoploss @ head position
> RRR: 2:1
> Indicator: MACD bullish divergence
Always trade with affordable risk and respect your stoploss
BR | Parallel Channel Breakout | Entry@Pullback PositionBR | Thailand SET Index | Food Sector | Chart Pattern Trading
Chart Pattern: Parallel Channel
Price Action: Strong Momentum Breakout - Entry @ Pullback
Indicator:
> MFI | Fund Flow Surge bullish signal
> RSI | Bullish signal above MA line - still not overbought
> MACD | golden cross signal line and above baseline 0.
Trade with AFFORABLE risk
Trust in SYSTEM
Always respect STOP-LOSS
Good Luck
DP
RATCH| Elliott Wave Projection | Inverted H&S Reversal Pattern Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right shoulder position
> Target @ previous wave 4 and 2
> RRR: 2:1 with -5% downside risk
NRF| Wave Projection | Ending Diagonal | Target DowntrendPrice action and chart pattern trading setup
> Downtrend target in range with an ending diagonal pattern of wave C correction
> Entry @ Elliott Wave channel breakout
> Target @ SMA200 for medium term trade
> Stoploss @ Target Wave 5 with downside -10%
> RRR: 2:1
Indicator:
> MACD bullish divergence continuously
Always trade with affordable risk and respect your stoploss
BCP | Double Bottom Uptrend Breakout | Marubozu White BullishBCP | Thailand SET Index | Energy Sector | Chart Pattern Trading
> Double Bottom Uptrend Breakout within a major parallel channel
> Price Action > Marubozu White candlestick - a strong bullish confirmation
>RSI | Bullish signal crossed up MA line above 50
>MACD | Golden cross signal line just below 0 in uptrend
Developing chart pattern in simple Harmonic ABCD rising
Trade with affordable risk 3:1
Always respect your stop-loss
Good Luck
DP
GPSC | Wave Projection | Bullish Dragon Flag SetupPrice action and chart pattern trading setup
> Bullish Dragon pattern in correction wave A, possible reversal for uptrend wave B
> Entry @breakout channel dragon ridge
> Target @ 0.618 retracement of previous top SMA200 zone
> Stoploss at the low A position - RRR: 2:1 downside -7%
Indicator:
> MACD bullish divergence signal crossing up baseline 0.
BBGI | Wave Projection Dragon Pattern - Bullish divergencePrice action and chart pattern trading setup
> An impulse downtrend Elliott Wave channel with a dragon pattern forming rear legs
> possible upcoming bullish divergence signal at the next support 8.00 baht targeting 2.618 extension
> Entry @ dragon ridge breakout
> Short term target @ previous wave 4 position
> Medium term target @ wave 1 and wave 2 position + 15 - 20% upside
> RRR: 2:1 for short term and 3:1 for medium term trade
Always trade with affordable risk and respect your stoploss
TOP | Wave Projection - Leading Diagonal Trading SetupPrice action and chart pattern trading
> Leading diagonal - contracting triangle pattern
> Entry @ triangle support
> Target @ Wave 3 position + 20% upside for short term trade
> RRR: 2:1 with -10% downside
> Long term trading target primary wave 5 at 1.618 extension zone at 75 baht +40% upside
Always trade with affordable risk and respect your stoploss
B | Wave Projection | Downtrend channel breakout Price action and chart pattern trading setup
> ABC Zigzag wave correction with a breakout at wave 4 downtrend channel
> Target downtrend zone at Fibonacci 1.0 extension - 0.45 baht price
> A possible upcoming bullish divergence for wave 5 with ending diagonal pattern
> Wait for retest at the low position?
always trade with affordable risk and respect your stoploss
BANPU.W4 | Rising Wedge | Wave Analysis Uptrend ProjectionPrice action and chart pattern trading
> Rising wedge Elliott Channel pattern looks like minor wave 3 is on the way uptrend, estimated at 1.213 extension of its wave 1.
> Entry @ pullback wave 4 may be possible at EMA10 - EMA20 ribbon zone
> 1st Target @ minor Wave 3 and 2nd Target @ Int. Wave 3 for medium term trade
> RRR: 2:1 minimum
> Indicator: RSI slightly tapping overbought but no bearish divergence
TTB | Wave Analysis - Possible Target DowntrendPrice action and chart pattern trading
> A possible target downtrend is within the range at SMA200 zone
> Wave 4 Zigzag family ABC currently retraced 0.5 Fibonacci of wave 3 which slightly overlapped with wave 1 is still valid.
> Long Entry @ SMA50 breakout zone as dynamic wave resistance
> Stoploss @ the lowest position of wave C- 5-6% downside
> 1st target at the high Wave 3 position + 15 -20%: RRR: 2.5:1
> Wave 5 uptrend target estimated at the channel upper resistance zone, targeting at 1.618 extension of Wave 1 - 1.60 - 1.70 baht
Always trade with affordable risk and respect your stoploss.
TCC-W4 | Wave Analysis | Bullish Divergence TradingPrice action and chart pattern trading setup:
> An ending diagonal pattern with stochastic bullish divergence - possible rebound for wave 4
> Target SMA50 zone near upper elliott wave channel resistance - 0.382 retracement of wave 3
> Stoploss @ wave 3 lower channel support with RRR: 1.5:1
Indicator:
> Stochatic RSI bullish divergence signal
> MACD crossover signal line below center
> RSI slightly bullish divergence
Always trade with affordable risk and respect your stoploss
SYNEX | Wave Analysis - Bullish Divergence Ending Diagonal?Price action and chart pattern trading
> A potential downtrend wave C leading to an ending diagonal with the first MACD bullish divergence
> Long Entry - wait for Elliott Channel breakout to confirm the end of the downtrend
> Target Wave 4 rebounded at SMA50 Zone
> The target wave 5 downtrend at support Wave C and Wave II zone are closed in range.
Indicator:
MACD - first bullish divergence
Always trade with affordable risk and respect your stoploss
PTTGC | Wave Analysis | Downtrend Target Wave II ProjectionPrice action and chart pattern trading
> ABC correction wave 2 is around the corner within the zone 0.5 retracement of wave I.
> The current wave C extended 1.213 of wave A
> Upcoming Elliott Channel breakout to confirm end of downtrend correction
> Long Entry @ Channel breakout near SMA50 zone
> Short-term target at SMA200 / Volume Profile Point of Control
> Medium term trade target at 0.786 - 1.0 Wave I position
> Stoploss at the lowest point of Wave C zone
> RRR: 2:1 for short term and 3:1 for medium term trade
Indicator:
RSI above 50 with bullish divergence signal
Always trade with affordable risk and respect your stoploss.