ASIAN trade ideas
ASIAN | Triangle Breakout | Target for uptrendASIAN | Thailand Set Index | Food Sector | Target estimated for uptrend minor impulse wave
> Strong momentum breakout of triangle with area of consolidation support
> Breakaway candlestick - possible BUY ON DIP
> RSI & MACD Bullish signal
Always respect your stoploss
Good Luck
ASIAN | Supercycle Elliott Wave & Volume Profile | Long-term BuyASIAN | Thailand SET Index | Food Sector | Elliott Wave & Volume Profile Analysis for long term Buy Setup
Well today I found this nice rally wave pattern and volume profile that is about to make a new Supercycle Wave Uptrend. This weekly timeframe chart has always been in the positive direction for about 2 - 3 years already and I think it is about to make a breakout into an impulse SUPERCYCLE WAVE 3.
> 1st Target Price 19.0 (if you decided not to go for a long shot)
> 2nd Target Price 21.0
Stop-loss just below Supertrend support in week timeframe 14.5
Risk Ratio: 1:4 (TP 21.0) upside 32%.
