OR | Pennant Triangle Breakout | OR | Thailand SET Index | Energy Sector
Price Action:
> Strong BREAKAWAY CANDLESTICK
> Trend reversal BULLISH BREAKOUT
Chart Pattern:
> Inverted Head & Shoulders on daily timeframe
> Pennant Triangle BREAKOUT
Indicators:
> MFI - Money Flow-In cross above 60
> RSI - Bullish Power Move
> MACD - GOLDEN CROSS about to cross up 0
Minimum Risk Ratio: 3:1
Always respect your stop-loss,
Good Luck
BBL | Weekly TF Inverted Head&Shoulders Target BBL | Thailand SET Index | Banking Sector
Chart Pattern Trading: Inverted Head & Shoulder weekly timeframe
Price Action Trigger: BUY ON BREAKOUT Neckline 129 Baht
Risk Ratio 3:1 minimum
Stop placement 5-10% below ENTRY POSITION
Always respect your stoploss
Good Luck
XO | Trend Breakout | Marubozu White Candlestick | Target Est.XO | Thailand SET Index | Food Sector | Target for uptrend Elliot Wave & Fibonacci Extension estimated
ENTRY Position
Price Action Trading: Trend Breakout with Marubozu White candlestick
Chart Pattern: Descending Triangle breakout
Indicator:
> MFI Money flow in
> RSI bullish signal
> MACD golden cross above zero line
Risk ratio 1:3 minimum
Stoploss 3-5% below entry
Always respect your stop-loss
Good Luck
BEC | Money Flow In - RSI Bullish Signal - MACD Golden CrossingBEC | Thailand SET Index | Media Sector | Bullish Chart Pattern
Price Action: Strong bullish candlestick breakout from consolidation
Chart Pattern: Parallel Channel uptrend
Indicators:
> MFI - Money Flow - in Bullish
> RSI rebounded signal
> MACD about to make golden cross
Business Factor remains strong in Q4
Entry Position: Buy On Dip | Pullback
Always respect your stop-loss,
Good Luck
TPOLY | Falling Wedge Breakout | Buy on Dip Opportunity?TPOLY | Thailand SET Index | Construction Sector
Could be a BOD opportunity after strong breakout? The price now stands above EMA200, indicating strong uptrend signal for minor Elliot Wave 5.
Conservative ENTRY @ EMA10 | Stop loss at 3-5% below Entry
Risk Ratio | 1:4
III | Target for uptrend | Previous High BreakoutIII | Thailand SET Index | Transportation Sector | Price Action | Chart Pattern
Estimated Target for Uptrend - Previous High Breakout Pattern
> Strong volume support with downtrend rejection candlestick - clearing previous ATH selling force
> Substantial Banker Volume support
> Banker Fund Flow RSI still on high side.
> Banker KDJ continuing on the rise.
Always respect your stop-loss!
Good Luck,
HENG and trading on W.5HENG is an IPO stock listed on Thai Stock Exchange this year. The stock has formed on a couple of impulse wave already, and then made another new high with rising volume. It's supposed to be Wave 5. However, it's unable to be guaranteed right now whether this wave is normal W.5 on W.3 Extension or W.5 Double Extension itself. No matter what's the wave, we still make the trade setup with high reward but limited risks. Enjoy.
PSL | Inverse Head&Shoulder | Buy on Falling Wedge BreakoutPSL | Thailand SET Index | Transportation Sector | Chart Pattern | Price Action
> Really waiting for entry at EMA400 but this Inverse H&S appeared the first time in the main Elliott Wave Correction phase.
> Wait for confirmed trend Falling Wedge breakout EMA200 for an entry point to avoid a false break.
> Stop-loss 3-5% below entry point
> Target 21 baht at Volume Profile POC
Always respect your stop-losses,