BCPG trade ideas
BCPG | Inverted Head & Shoulders Pattern breakout trading setup Price action and chart pattern trading setup
> Inverted Head & Shoulders pattern in TF1H breakout
> Pullback trade recommended after retesting H&S neckline
> Target just below SMA200 or previous high
Indicator: TF4H
> Bullish RSI crossing 50 and above MA line
> MACD golden cross signal line
Risk ratio: 1.8:1
Always trade with affordable risk and respect your stoploss
BCPG (TH) - ELLIOT WAVE ANALYSIS- Expecting price to reverse and go up for the white wave (c) of the red wave B.
BCPG is going downBCPG is currently in the weak momentum for both TF day and TF week.
The idea is to Short when it's Breakdown the yellow line.
the first target price is at the Blue line
Cutloss when it goes againt Short at 15.40
BCPG ; SET .. watch outBCPG .. energy company in Thailand , break out Tunnel line and go higher high.
This AB=CD pattern show the Target at 100% - 200% ,combine with the history resistant.
watch out and prepare to take profit
#WaveRiders
