SET BBGI Plan 1 Oct 16 AUG 24
Breakout 6.10 Consider buy next bar. Resistance is high = high profit
BBGI trand follow SET trend, precaution of falling following SET index.
5 SEP 24
Trend still beautiful.
Sideway up to upper frame between 6.75 - 7.35
big resistance at 7.35.
TP goal at 7.35
1 Oct 2024
Still follow same plan.
Price is still higher than 6.75.
BBGI trade ideas
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
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