Get started
SYNEX | Wave Analysis - Bullish Divergence Ending Diagonal?Price action and chart pattern trading > A potential downtrend wave C leading to an ending diagonal with the first MACD bullish divergence > Long Entry - wait for Elliott Channel breakout to confirm the end of the downtrend > Target Wave 4 rebounded at SMA50 Zone > The target wave 5 downtrend at support Wave C and Wave II zone are closed in range. Indicator: MACD - first bullish divergence Always trade with affordable risk and respect your stoploss
SET:SYNEX
by dukeposh
PTTGC | Wave Analysis | Downtrend Target Wave II ProjectionPrice action and chart pattern trading > ABC correction wave 2 is around the corner within the zone 0.5 retracement of wave I. > The current wave C extended 1.213 of wave A > Upcoming Elliott Channel breakout to confirm end of downtrend correction > Long Entry @ Channel breakout near SMA50 zone > Short-term target at SMA200 / Volume Profile Point of Control > Medium term trade target at 0.786 - 1.0 Wave I position > Stoploss at the lowest point of Wave C zone > RRR: 2:1 for short term and 3:1 for medium term trade Indicator: RSI above 50 with bullish divergence signal Always trade with affordable risk and respect your stoploss.
SET:PTTGCLong
by dukeposh
OR | Wave Analysis Mapping- Channel Breakout - Pullback TradePrice action and chart pattern trading > Elliottwave downtrend channel confirmed breakout crossover SMA200 heaven/hell line - RSI TFD already overbought - Pullback trade for medium-term is recommended > Target @ volume profile POC 1.618 extension zone and 2.618 zone for 2nd target > Stoploss @ Wave 5 zone Inverted Head or right Shoulders > RRR: 2:1 downside less than 10% Always trade with affordable risk and respect your stoploss
SET:ORLong
by dukeposh
INSET | Downtrend Elliott Bullish Flag - Ending DiagonalPrice action and chart pattern trading setup - short term trade > Downtrend Bullish Elliott Flag - Ending Diagonal Pattern > Entry @ Pullback EMA10 - 20 zone > Target @ upper flag resistance zone / SMA50 > Stoploss - the lowest position of wave 3 > RRR: 1.5:1 short term trade Indicator: > Smart money volume support > Banker chip entry signal > BBD bullish divergence signal golden cross baseline > KDJ stochastic strong uptrend momentum Always trade with affordable risk and respect your stoploss
SET:INSETLong
by dukeposh
CGH | Elliott Wave Projection - Correction ABC Ending?Price action and chart pattern trading > Elliott Wave projection - uptrend wave 1 - 3 Expanded Leading Diagonal type - wave 4 would overlap wave 1 position. > Wave 3 extension - LEADING DIAGONAL - 2.0 of wave 1 > corrective ABC - wave A - impulse leading diagonal retraced 0.5 of wave 3 > wave B - zigzag family 0.618 of wave A > wave C - impulse ending diagonal currently retraced in range of 0.786 - 1.0 of wave A > Primary Wave 4 is currently in the range and already overlapped Wave 1 coming to the end. Trading Setup: > Entry at BREAKOUT downtrend line minor wave ii and iv > Target wave 1 reversal 0.618 - 0.786 of previous wave B position. > Stoploss at the lowest of wave C position > RRR: 3:1 for medium-term trade Note: The expanding/contracting leading diagonal concept is not Elliott's original work but appears in enough incidents that convince us of its existence and validity. Always trade with affordable risk and respect your stop-loss.
SET:CGHLong
by dukeposh
SET:PROEN LONG. Await clear breakout from consolidation zoneOpportunity to long SET:PROEN . Stock has undergone significant accumulation since IPO. Price is currently in uptrend, above VWAP from IPO. Await a breakout + a surge in volume traded as a trade confirmation. Stock has just been removed from SET surveillance list, allowing for margin accounts to participate in the action -if any ;) Listed Shares: 316M Free Float = 25.52% // Shares Free float = 80.64M shares (1,241 minority shareholders) Total shares traded in range from IPO = ~1,900M shares Current Market cap @9.20 THB = 2.91B THB (03/05/22)
SET:PROENLong
by NavTrader