WAVE | Parallel Channel | Doubled Bottom Breakout Trade SetupPrice Action & Chart Pattern Medium Term Trading
> Parallel Channel Trade Setup
> Doubled Bottom | Entry @ Breakout
Indicator:
> Smart Money & Banker Chip Volume Support Timeframe 4H
> BBD bullish signal crossed above baseline
> Fundflow uptrend reversal pattern
> KDJ ribbon changing to uptrend
Trade with affordable risk ratio 2.5:1 for medium term trade
Always respect your stoploss
WAVE trade ideas
WAVE | Ascending Triangle Breakout | Elliott 3rd Wave ResistanceWAVE | Thailand SET Index | Media Sector | Chart Pattern Trading
Let's challenge ourselves to catch it before breakout once forming a tight consolidation candlestick pattern below the key resistance of Elliott Wave 3.
Chart Pattern: Ascending Triangle
Price Action: Speculative buy before the breakout
Indicator:
RSI and MACD bullish golden cross above baseline.
Trade with affordable risk ratio 3:1
Always respect your stop-loss
Good Luck
DP