TIPH | Elliott Wave - Wave 4 Uptrend Target or A Bull Trap? Price action and chart pattern trading - A possible bull trap false breakout SMA200D
> The price strong breakout last week could be forming an inverse head & shoulders pattern for a possible 4-wave correction uptrend
> Wait for a pullback to complete the right shoulder consolidation pattern.
> Entry
2.1 THB
1.52 B THB
9.62 B THB
About DHIPAYA GROUP HOLDINGS PCL
Sector
Industry
CEO
Somporn Suebthawilkul
Headquarters
Bangkok
Founded
2020
ISIN
THA458010R11
FIGI
BBG011WFFQ21
Dhipaya Group Holdings PCL operates as a investment holding company. It focuses on the insurance industry, particularly domestic non-life insurance, domestic life insurance, international insurance, and other insurance-related businesses. The company was founded on july 31, 2020 and is headquartered in Bangkok, Thailand.
TIPH and AB=CD Trade SetupTIPH and AB=CD Trade Setup. According to this pattern, if it breaks out the previous high or at least the end of b of wave iv, it possibly to test the Fibo. P. 100% as the same level of Fibo Ext. 61.8%. The price breaking TDST L. is another supporting signal to decide to buy TIPH. at the limited ri
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.