LANNA | Inverted Head & Shoulders | Entry SetupPrice Action & Chart Pattern Trading
> Inverted Head & Shoulders forming | Entry @ Demand support line zone (right shoulder) crossing up EMA200 and SMA200
Indicators:
> Smart Money and Banker Chip volume support
> BBD crossing up baseline
> Fundflow turning positive in-flow bullish signal
> KDJ bullish changing to uptrend ribbon
Trading with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
SOLAR | Downtrend Descending Triangle | Bullish Divergence |WaitPrice Action & Chart Pattern Trading - No Entry Point - just wait and see
Downtrend descending triangle with bullish divergence signal
Indicator:
> Smart Money and Banker Chip volume support at a significant level
> Fund Flow bullish divergence
> BBD downtrend dead crossed baseline
> KDJ stochastic downtrend with bullish divergent signal
Recommend NO trading until breakout EMA400 with trend reversal pattern.
TKN | possible breakout but upside limited bearish divergencePrice Action and chart pattern trading - possible breakout but upside limited
> Testing the upper limit of uptrend parallel channel and key resistance of volume profile
Indicator
> Bearish divergence signal: Fundflow, BBD, and KDJ Stochastic
> Strong volume support with smart money and banker chip of this wave
BEC | Uptrend Parallel Channel | Target 5th Wave ProjectionPrice action and chart pattern trading
> Parallel Channel uptrend pattern from Wave 4 to 5 now almost hit the top of the channel.
> Wave 5 target estimated at 1.618 Fibonacci retracement of wave 4
Indicator:
> Target RSI 82 - 88 now at 74
> MACD 0.6 - 1.0
> ATR 0.7 - currently at 0.6
JR | Falling Wedge Breakout | Entry Setup TF4HPrice Action and Chart Pattern Trading
> Possible bullish wedge reversal breakout in timeframe 4H
> Entry @ Breakout trendline and stop zone accumulation
> Target @ Volume Profile POC level Fibonacci zone 0.786 - 1.0
> Risk ratio 2.5: 1
Indicator:
> Smart Money and banker chip significant volume support
> Fund Flow bullish divergence
> KDJ uptrend reversal pattern
> BBD golden crossing baseline
Always respect your stop-loss
VL | Cup & Handles | Target Estimated | Elliott Wave UpdatedPrice Action & Chart Pattern Trading Setup
> Entry @ Breakout ascending triangle
> Cup & Handles pattern with target estimated for medium-term trading
> Updated Elliott Wave pattern for daily timeframe
> Trade with affordable risk ratio 3:1 for medium-term
> Always respect your stop-loss
RCL | Bull Dragon Pattern | upcoming Triangle Breakout SetupPrice Action and Chart Pattern Trading Setup
> Bullish Dragon Pattern with upcoming triangle breakout ENTRY setup above EMA200 and Volume Profile Point of control 44.50
> 1st Target upcoming TAIL HOOK fibo 0.5-0.618
> 2nd target at DRAGON HUMP 0.618-0.786
> 3rd target DRAGON HEAD 0.786-1.0
> Tail extended target DRAGON HORN ZONE 1.0-1.618
Indicator:
> Smart Money and Banker Chip important level support at Triangle A position
> Fund flow trend reversal into positive distribution phase
> KDJ Stochastic strong uptrend
> Banker BBD positive trend above baseline 0
Fundamental Factor:
> positive BDI index +5% vs last week above 2000.
> CCFI Container Index still at high level
en.macromicro.me
Risk ratio: 2.5:1 for short term target tailhook position or dragon hump trade and 3:1
Always trade with affordable risk and respect your stop loss
Good Luck
SOLAR | Rising Triangle | Entry Breakout Setup Price Action & Chart Pattern Trading
> Rising Triangle | Buy @ Breakout above EMA400
> Target zone @ Volume Profile high D-shape Point of Control - Fibonacci Retracement 0.786
> Stop Zone @ the lowest triangle
Indicator Support:
> Smart Money and Banker Chip Volume
> BBD signal - positive above baseline
> Fund flow reversal pattern still below entry position
> KDJ uptrend ribbon
Trade with affordable risk ratio 3:1
Always respect your stoploss
ZIGA and Cup & Handle PatternI like the Cup & Handle. When finding this pattern, I always look for another entry signal because it's strong uptrend and hard to wait for dipping. Luckily, I find a measuring gap called the gap of opportunity. When market opening, I was not hesitated to calculate position size quickly and made entry order. What will be the result, just wait and see. :o)
BROOK | Pennant Breakout | Entry @ Pullback SetupPrice Action and Chart Pattern Trading Setup
> Pennant Breakout and above Volume Profile POC line
> Entry @ Pullback setup - Target 0.786 - 1.0 of previous high - the key resistance of volume profile
Indicator:
> Smart Money and banker chip volume support at previous low / B position lowest pennant
> BBD bullish signal crossover base line
> Banker Fundflow strong uptrend and not overbought
> KDJ stochastic uptrend reversal
Risk Ratio: 2:1 stoploss at C position previous low pennant
NER | Rising Triangle Dragon Pattern | Entry @ Breakout SetupPrice Action and chart pattern short-medium term trading
> Rising Triangle Dragon Pattern
> Entry @ breakout trend line SMA 200
Indicator:
> Bullish RSI crossing MA line above 50
> Rising MACD just below baseline
> CMF reversal crossed baseline 0.
Short term RR 2:1 Medium-term RR 3:1
Always respect your stoploss
Carabao Group PCLShare has been falling because it was over-hyped and over-valued.
I am expecting more of a pullback and a retest critical support zones between (90-87 baht) (87 -80 baht). We should see a bounce at these levels, bouncing off an existing trend line . However, if that doesn't hold then we could see another meaningful correction to lower levels to bring the multiples back down to earth.
The earnings report should lead the way for direction.
If their earnings report isn't to the markets liking, then we can expect that 87 baht area to fail and gradually make its way back down to the 40 baht region.
If the Earnings report is decent and shows growing revenues and increasing margins, well, then we could see that white trend line holding and could be the catalyst for a continued uptrend.
With a P/E multiple of 32 - the market is pricing in expected earnings for the future already and is expecting big things from this company, so I would tread lightly here. Any missed guidance or revenue contractions will send the share tumbling.
Nonetheless, I will be taking my first position between 80-90 baht baht and leaving it there for the long term, and will be looking to add again in the 40 -55 baht region.
PTTGC | Dragon Pattern | Double Bottom BreakoutPrice Action & Chart Pattern Trading - Short Term Setup
> Dragon Pattern - Rectangle with ENTRY @ doubled bottom breakout
Indicator:
> Smart Money and Banker Chip Volume Support
> Banker BBD positive uptrend above baseline
> Fund flow bottom signal and reversal from the oversold area
> KDJ Stochastic changed to uptrend ribbon
RR : 2.5:1
Always respect your stoploss
Good Luck
SCGP | Dragon Rectangle | Entry @ Doubled Bottom BreakoutPrice Action & Chart Pattern Trading Medium-Term Setup
> Dragon Rectangle - Doubled Claws / Bottom Breakout signal
Indicator:
> Smart Money and Banker Chip Volume support
> BBD Banker bullish signal above baseline
> Fundflow bottom with reversal pattern
> KDJ Stochastic on uptrend ribbon
RR: 2:1
Always respect your stoploss