Long SET: WORK. SL Low of the Day. Huge Upside potentialLets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high.
Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
WORK trade ideas
WORK | Harmonic ABCD | Entry @ Pullback |Gravestone DOJIWORK | Thailand SET Index | Media Sector | Price Action Trading
Chart Pattern: Harmonic ABCD Bullish Pattern
Price Action: Entry @ Pullback from bullish breakout with Gravestone DOJI candlestick
Stop-loss Position - 3 - 5% below Volume Profile POINT OF CONTROL
Risk Ratio: 3:1 minimum
Indicator:
> RSI bullish divergent crossover
> MACD golden crossing over baseline 0
Always respect your stop-loss
Good Luck
HNY 2022
WORK | Bearish Bat | Take Profit Position BreakoutWORK | Thailand SET Index | Media Sector | Chart Pattern | Price Action Analysis
> Take Profit position
> Rising Wedge Breakout
> Bearish Bat Harmonic Pattern
> Banker Fund Flow BBD dead cross 0
> RSI bearish divergent
> 1st Target Bearish Bat at Bat position C around EMA100
Always respect your stop-loss,
Goodluck