Berli Jucker Cellox LTD. (BJC, SET) Seem to end wave BBerli Jucker Cellox LTD. (BJC, SET) Seem to end wave B, If the price don't below green "c" and break the green "d" and "b"
After price Break Resistance, Confirm the end of the triangle, Ready to the next wave :D :D: D
The next big wave target can reach around 110THB - 113THB if it confirms the pattern.
SET:BJC
Anyway, I'm still new to trading (Just 1 year), Feel free to comment and share any ideas.
Setindex
BBGI | Wave Projection | Upcoming Inverse Head & ShouldersPrice action and chart pattern trading setup:
> Possible upcoming ending diagonal of intermediate 5-wave downtrend with inverse head & shoulders
> Entry @ breakout neckline
> Target @ approximately the height of the head 9 baht
> Stoploss @ upcoming right shoulder minor 5-wave
> Risk reward ratio: 2:1 with downside -6%
Indicator:
> RSI +50 cross MA and MACD bullish divergence
Always trade with affordable risk and respect your stoploss
WHA | Wave Projection | Inverted H&S Bull DivergencePrice action and chart pattern trading setup:
> Wave projection possible intermediate 4-wave rebound with inverted head & shoulders reversal pattern and MACD bullish divergence
> Entry @ Neckline pullback
> Target @ H&S Target or 0.386 retracement of previous 3-wave +6% upside
> Stop @ right shoulder - 3% downside
> RRR: 2:1
The downtrend target C-wave or final 5-wave estimated at 0.786 of the last B-wave
Always trade with affordable risk and respect your stop
CPF Elliott Wave Projection | Triangle Breakout - RetestPrice action and chart pattern trading
> Wave Analysis projection - descending triangle / wedge breakout trading target
> Entry @ support retest breakout downtrend wave triangle
> Target 1.0 - 1.618 extension of ABC uptrend wave possible at volume profile resistance
> Stop @ right shoulder of inverted head & shoulders
> RRR 3:1
Always trade with affordable risk and respect your stoploss
CRC | Wave ABCDE Projection | Ascending Triangle Trading Target Price action and chart pattern long term trading setup - catching the impulse 3rd wave extension.
> ABCDE Wave ascending triangle correction during 2nd wave is one of the most powerful that generates maximum profit for traders
> Possible making the final E wave before breakout
> Watch out for dump & pump on the way as prolongation of the E wave.
Target estimated at the length of A wave equals to 1.618 extension or could be an impulse 3 wave - upside +40% at breakout position
Stoploss @ the lowest position of E wave - 10 - 15 % downside
RRR : 4:1 for long term trade
COM7| Target Elliott Wave 5th vs Powerful Three Drive HarmonicPrice Action & Chart Pattern Trading
> Estimated Target MINOR ELLIOTT WAVE 5TH based on Fibonacci 1.0 of wave 1 and 1.618 retracement of wave 4 vs the earlier powerful THREE DRIVE HARMONIC PATTERN of MAIN ELLIOTT WAVE 4TH correction
> Reversal pattern INVERTED HEAD & SHOULDERS in day timeframe.
Trade with affordable risk 3:1
Always respect your stoploss
Good Luck
ADVANC | Wave Projection | Possible trend reversal Inverted H&SPrice action and chart pattern trading setup
> Elliott Wave Projection - possible end of correction ABC
> Upcoming trend reversal pattern - inverted head & shoulders
> Entry @ Neck line breakout
> 1st Target TP1 - SMA200 and TP2 - previous Wave (B) position
> Stoploss @ head position
> RRR: 2:1
> Indicator: MACD bullish divergence
Always trade with affordable risk and respect your stoploss
BR | Parallel Channel Breakout | Entry@Pullback PositionBR | Thailand SET Index | Food Sector | Chart Pattern Trading
Chart Pattern: Parallel Channel
Price Action: Strong Momentum Breakout - Entry @ Pullback
Indicator:
> MFI | Fund Flow Surge bullish signal
> RSI | Bullish signal above MA line - still not overbought
> MACD | golden cross signal line and above baseline 0.
Trade with AFFORABLE risk
Trust in SYSTEM
Always respect STOP-LOSS
Good Luck
DP
RATCH| Elliott Wave Projection | Inverted H&S Reversal Pattern Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right shoulder position
> Target @ previous wave 4 and 2
> RRR: 2:1 with -5% downside risk
NRF| Wave Projection | Ending Diagonal | Target DowntrendPrice action and chart pattern trading setup
> Downtrend target in range with an ending diagonal pattern of wave C correction
> Entry @ Elliott Wave channel breakout
> Target @ SMA200 for medium term trade
> Stoploss @ Target Wave 5 with downside -10%
> RRR: 2:1
Indicator:
> MACD bullish divergence continuously
Always trade with affordable risk and respect your stoploss
BCP | Double Bottom Uptrend Breakout | Marubozu White BullishBCP | Thailand SET Index | Energy Sector | Chart Pattern Trading
> Double Bottom Uptrend Breakout within a major parallel channel
> Price Action > Marubozu White candlestick - a strong bullish confirmation
>RSI | Bullish signal crossed up MA line above 50
>MACD | Golden cross signal line just below 0 in uptrend
Developing chart pattern in simple Harmonic ABCD rising
Trade with affordable risk 3:1
Always respect your stop-loss
Good Luck
DP
GPSC | Wave Projection | Bullish Dragon Flag SetupPrice action and chart pattern trading setup
> Bullish Dragon pattern in correction wave A, possible reversal for uptrend wave B
> Entry @breakout channel dragon ridge
> Target @ 0.618 retracement of previous top SMA200 zone
> Stoploss at the low A position - RRR: 2:1 downside -7%
Indicator:
> MACD bullish divergence signal crossing up baseline 0.
BBGI | Wave Projection Dragon Pattern - Bullish divergencePrice action and chart pattern trading setup
> An impulse downtrend Elliott Wave channel with a dragon pattern forming rear legs
> possible upcoming bullish divergence signal at the next support 8.00 baht targeting 2.618 extension
> Entry @ dragon ridge breakout
> Short term target @ previous wave 4 position
> Medium term target @ wave 1 and wave 2 position + 15 - 20% upside
> RRR: 2:1 for short term and 3:1 for medium term trade
Always trade with affordable risk and respect your stoploss
TOP | Wave Projection - Leading Diagonal Trading SetupPrice action and chart pattern trading
> Leading diagonal - contracting triangle pattern
> Entry @ triangle support
> Target @ Wave 3 position + 20% upside for short term trade
> RRR: 2:1 with -10% downside
> Long term trading target primary wave 5 at 1.618 extension zone at 75 baht +40% upside
Always trade with affordable risk and respect your stoploss
B | Wave Projection | Downtrend channel breakout Price action and chart pattern trading setup
> ABC Zigzag wave correction with a breakout at wave 4 downtrend channel
> Target downtrend zone at Fibonacci 1.0 extension - 0.45 baht price
> A possible upcoming bullish divergence for wave 5 with ending diagonal pattern
> Wait for retest at the low position?
always trade with affordable risk and respect your stoploss
BANPU.W4 | Rising Wedge | Wave Analysis Uptrend ProjectionPrice action and chart pattern trading
> Rising wedge Elliott Channel pattern looks like minor wave 3 is on the way uptrend, estimated at 1.213 extension of its wave 1.
> Entry @ pullback wave 4 may be possible at EMA10 - EMA20 ribbon zone
> 1st Target @ minor Wave 3 and 2nd Target @ Int. Wave 3 for medium term trade
> RRR: 2:1 minimum
> Indicator: RSI slightly tapping overbought but no bearish divergence
TTB | Wave Analysis - Possible Target DowntrendPrice action and chart pattern trading
> A possible target downtrend is within the range at SMA200 zone
> Wave 4 Zigzag family ABC currently retraced 0.5 Fibonacci of wave 3 which slightly overlapped with wave 1 is still valid.
> Long Entry @ SMA50 breakout zone as dynamic wave resistance
> Stoploss @ the lowest position of wave C- 5-6% downside
> 1st target at the high Wave 3 position + 15 -20%: RRR: 2.5:1
> Wave 5 uptrend target estimated at the channel upper resistance zone, targeting at 1.618 extension of Wave 1 - 1.60 - 1.70 baht
Always trade with affordable risk and respect your stoploss.