looking for a reversal sign CPF is in downtrend for quite sometime now. Price action is suggesting weakness in the 5 year chart .. but multiple support range may get tested before consolidation and then move up may satrt. entry zone by spiritedDingo47834Updated 3
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 stoplossLongby dukeposh1
CPF | Week Timeframe | Bullish Wedge Breakout | Entry & Target CPF | Thailand SET Index | Food Sector | Price Action Trading Price Action | Bullish Engulfing candlestick strong momentum Chart Pattern | Falling Wedge Bullish Breakout Indicator: > Banker Smart Money & Chip Volume Support > BBD Banker divergent signal > Fund Flow uptrend bottom signal > KDJ STO on the uptrend channel Place your stop-loss zone 5-7% below ENTRY Recommended Risk Ratio minimum 3:1 Always respect your stop-loss Good LuckLongby dukeposh1
CPF | Trend Reversal Pattern Rising Triangle CPF | Thailand SET Index | Food Sector | Trend Reversal Chart Pattern | Rising Triangle > Wait for candle breakout > Multiple Bottom signals > Banker Chip & Big Lot volume continuous supports > MACD approaching golden cross (crossing up 0) > RSI Ribbon strong divergent Stoploss just above triangle bottom - Price Target at Fibo 0.786 - 1.00 Risk Ratio 1:3 minimumLongby dukeposhUpdated 1
CPF - accumulation I continue to accumulate in weakness because I am a long term holder. Strong balance sheet and they continually pay dividends. (twice a year) To me it looks like it has broken out of its long term downtrend and is now creating a new base before moving higher. I'm using this graph to track price movements, could be some nice trade set ups. CPF sticks to its range. by TalkingCents6
Is it a possible set up for VCP?SET:CPF 1) Higer lower low 2) Lower trade volume 3) EMA20 and 50 above EMA150 and 200 4) Expect a good earning in next Quater!? Lets wait for next bars!!! Disclimer: The Content is for entertainment purposes only, you should not interpret any such information or other material as investment, financial, or other advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the IDEA before making any decisions based on such information or other Content.by NattoVUpdated 223
CPF - accumulation Looking like it breaks higher. Watching the trend line closely- I will accumulate in pullbacks. I suspect a break to the upside in the coming weeks/months. Will exit my trade position if it falls below 25 baht, will take some profits off at 34 baht, but continue to hold for the long term. by TalkingCents224
Does this tell us anything about the Thai stock market???FTSE SET Large Cap might not be so well known, but is a index of the top 30 companies on the SET that is consistently recalculated, as to that they are ranked by full market capitalization. As of when I started to do this rapport, only 4 was over ema200 (day). SET:CPF SET:GPSC SET:GULF SET:HMPRO SET, SET100 and SET50 are all also under ema200. What does this say about the bullish drive force, since the bottom on the 13th of March, when the majority of the largest companies just doesn't make it? Are there any strength behind it or only hopeful thinking and follow other Asian, European and American markers? Please post your thoughts and lets have a conversation about it. by SamuiTrader2