Classic RR trading modelMACD is about to cross up in the monthly chart. The target price assumption is the previous high. The stop loss level is placed below the wick of the last inside bar.
BR trade ideas
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
