SET index on the 1H time-frame.
Steps:
1. The price created double top at the resistance line and breakout the previous low to confirmed the reversal pattern.
2. If the price create the lower high by the next MACD (+) then the TP of downtrend are 1477 and 1457 accordingly.
Steps:
1. The price created double top at the resistance line and breakout the previous low to confirmed the reversal pattern.
2. If the price create the lower high by the next MACD (+) then the TP of downtrend are 1477 and 1457 accordingly.
Note
Today, 22/02/2021 SET index was running to 1478 already.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.