dukeposh

dukeposh

The structure of EURAUD on D1 (Daily time frame) is bullish at the moment. The market keeps creating new Higher high and never breaks below higher lows for a pullback. So, I'll be looking for a long position this week. Also, the price has hit the AOI (area of interest) and still close back above the zone. For safety, wait until the market breaks above the green...

dukeposh

Corrective Wave Structure a ABC Analysis pattern in TFW timeframe Observations: A bullish divergence is evident in the momentum near the support zone indicating weakening bearish momentum, the end of wave C, and a potential reversal to the upside. Analysis: - Wave A: completed descending channel retraced 61.8% of previous uptrend with 5 wave diagonal pattern -...

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A potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown. Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex...

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BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal. Target: Key resistance @ 8.00 zone +60-80% profit Support Indicator: MACD TFW doubled bullish divergence golden cross

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A possible ending diagonal pattern scenario - final 5-wave extension confirmation - 161.8% - 200% of 1-wave downtrend target at 27 and 22 baht zone RSI weekly doubled bullish divergence indicator supporting 5-wave downtrend status Long Entry: breakout falling wedge/ending diagonal pattern 33-36 baht zone. Always trade with affordable risk / respect your stop Good Luck

dukeposh Updated 

A potential bull trap scenario with one more wave downtrend. 1. First correction - Extended flat ABC Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A 2. Complex triangle ABCDE pattern 3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retracement at ma50w, creating a false breakout signal before final wave...

dukeposh

BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal. Target: Key resistance @ 8.00 zone +60-80% profit Support Indicator: MACD TFW doubled bullish divergence golden cross

dukeposh Updated 

Price action and chart pattern trading setup: > A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support. > The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09. > Indicator: both...

dukeposh

A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci...

dukeposh Updated 

This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction...

dukeposh Updated 

IVL | Thailand SET Index | Petro Sector | Chart Pattern Trading > Ascending Triangle continuation pattern - Bullish Trap with limited upside > Price Action: Wait for tighter candlestick consolidation - Entry @ Demand Support Line Zone only > RSI - bullish trap signal > MACD - Bearish Divergence DP

dukeposh Updated 

A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag. S1/S2: pullback descending triangle support / ema20w zone T1: 100% fib extension +50% T2: 161.8% +90% Indicator: RSI week - tapping into OB area...

dukeposh

A possible 1-2-3 bullish pattern with an inverted h&s breakout Target: 162% Fibonacci extension - wma200 week +90% Entry: breakout retest wma20w SL: week low position (week candle wick) -20% RRR: 4:1

dukeposh Updated 

Confluent Wave Analysis with price action and chart pattern trading setup: > The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave. > Entry at B-D downtrend line breakout / WMA50 week > Target 1 @ 161.8% Fibonanci extension...

dukeposh Updated 

A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden...

dukeposh Updated 

Wave Analysis - weekly timeframe with a possible ABC correction wave > Target: Fibonacci retracement 61.8 - 78.6% +30% upside > Entry: TFD Falling downtrend channel breakout Key support: WMA20W - target correction zone Indicator: RSI Week - overbought but still no signs of divergence

dukeposh

An inverted head & shoulders breakout in weekly timeframe, possible ABC wave pattern Entry pullback trade position retracing at the inv. h&s neckline support - SMA20W TP1 - 161.8% extension +70% @ downtrend triangle resistance TP2 - 261.8% SL - B wave lowest position RRR: 3:1

dukeposh Updated 

Price action and chart pattern trading setup > Global pattern bullish complex inversed head & shoulders pattern breakout > Local bull flag breakout EMA200 dynamic resistance with strong bullish candle - a possible ABC bullish wave targeting new wave 1 > Support pullback entry level : EMA200 zone > Target 2X bull flag pattern @ 0.786 - 1.272 fibonanci extension...