dukeposh

dukeposh Updated 

Price action and chart pattern trading setup > Rising triangle ABCDE pattern @ breakout neckline position > TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave > Stoploss @ triangle support -8% downside > RRR: 2:1 Always trade with affordable risk and respect your stop

dukeposh Updated 

Price Action & Chart Pattern Short-term Trading > Inverted Head & Shoulders > Entry @ Breakout Setup > Target at previous high > Stoploss @ right shoulder Indicator: > Banker Smart Money & Banker Chip Volume Support at significant level > BBD bullish divergence crossed above baseline > Banker Fundflow uptrend but not overbought > KDJ ribbon on uptrend above...

dukeposh Updated 

Price action and chart pattern trading > Elliott Wave projection possible the end of Intermediate 4-wave downtrend > Complex inverted head & shoulders formation ABC uptrend correction > Bullish divergence in previous 5-wave downtrend confirmation > Entry @ neckline breakout - RSI downtrend breakout > Target @ C-wave uptrend 1.618 extension of A-wave near volume...

dukeposh

Price action and chart pattern trading: > The current price crossover above EMA200 with squeezed symmetrical triangle pattern. > A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside > Entry@EMA200 zone > Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside > Stoploss @ right shoulder pattern wave b position -8% Always trade with...

dukeposh Updated 

Price action and chart pattern trading > Elliott wave downtrend falling wedge breakout > Inverse head & shoulders reversal pattern with breakout > Entry @ pullback B-wave retraced near neckline zone > Target @ 0.386 retracement of (A) wave - volume profile point of control zone > Stoploss @ the lowest head position -10% downside > Risk reward ratio: 2:1 Always...

dukeposh Updated 

ASIAN | 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

dukeposh Updated 

BAM | Thailand SET Index | Financial Sector | Chart Pattern Trading Chart Pattern: Cup & Handle Target Estimated on weekly timeframe Price Action: Entry position - Buy on breakout Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0 This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below...

dukeposh

Price action and chart pattern trading: Elliott Wave 5 wave projection > Ascending channel global pattern with i - iv wave ending diagonal formation : ii wave retraced 0.786 of i wave, iii wave ABC diagonal extended 1.242 of i wave with a bull outlook of further rising. > 4-wave could retrace below the current local rising triangle wave as a temp bear outlook. >...

dukeposh

Price action and chart pattern trading setup > The previous minor 3 wave extended 2.618 of 1-wave with small head & shoulders formation. > Potentially, minor 4-wave correction scenario at 0.5 fibonanci retracement of minor 3 wave impulse > possible retesting SMA50 dynamic support at SMA50 X SMA200 level zone. > Wait for reversal pattern in smaller timeframe TF4H /...

dukeposh

Price action and chart pattern trading setup: > A potential reversal pivot point with an inverted head & shoulders breakout and pullback ENTRY > Target: 1.0-1.618 fibonanci extension ABC uptrend wave +7-8% > Stop: Inv. head zone position -4% > RRR: 2:1 minimum Always trade with affordable risk and respect your stoploss

dukeposh

Price action and chart pattern trading > A potential mega bull flag major 4 wave breakout & retest SMA200W for entry opportunity > Target: 1.414 - 1.618 fibonanci extension +15-20% > Stop: -7 - 8% SMA20W - 50W zone > RRR: 2:1 minimum Always trade with affordable risk and respect your stoploss

dukeposh Updated 

Price action and chart pattern trading > An overall global leading diagonal pattern with a possible A -wave uptrend with minor triangle 4-wave > Target minor 5-wave of local A wave at 0.5 - 0.618 retracement global 4 wave +8-10% > Stoploss @ lower triangle support - 3 - 4% > RRR: 2.5:1 Always trade with affordable risk and respect your stoploss, nothing is 100%!

dukeposh Updated 

TH | Thailand SET Index | Financial Sector | Price Action & Chart Pattern Trading Chart Pattern: Falling Channel - Bullish Bat Harmonic Pattern Price Action: Breakout Entry Position Indicator: > RSI Bullish signal crossing up MA line above 50. > MACD Bullish - golden cross signal just below the baseline. Trade with affordable risk ratio 3:1 Trust in your system...

dukeposh

Price action and chart pattern trading > The current price C-wave correction is moving within a falling flag > Potentially 4-wave uptrend targeting 0.5 retracement of 3-wave approaching / fakeout SMA200 day resistance zone. > Entry @ SMA200 breakdown > Target @ 0.5-0.618 Wave 3 extension zone -25% - 30%. > Stop @ 8% previous 1-wave correction zone Always trade...

dukeposh

Price action and chart pattern trading setup: > A minor wave 2 correction ended with a falling wedge breakout with a potential target +22%. > The current price is trading between SMA200 and SMA50 - a possible pullback entry at SMA50 and 20 golden cross price position. > Stop @ the lowest inverted head & shoulders -7% > Risk reward ratio: 3:1 Always trade with...

dukeposh Updated 

Price action and chart pattern trading setup: > ABC correction - main downtrend channel breakout in TFW and bullish Anti Nenstar pattern - possible a major trend reversal pivot point > Indicator: MACD / RSI bullish divergence - strong reversal signal in TFW > Entry @ Breakout retest zone SMA50 - 20 > Target @ TP1 17.2 + 15% Inverted Head & Shoulders Target / TP2...

dukeposh

Price action and chart pattern trading setup > A possible strong rising uptrend 4 Wave correction making a false breakout at EMA200D > Wait and see at EMA200 retest confirmation > Entry: EMA200D breakdown > Target 5 wave correction of A-wave at EMA200 week -40% downside > RRR: 3:1

dukeposh

Price action and chart pattern trading - A possible bull trap false breakout SMA200D > The price strong breakout last week could be forming an inverse head & shoulders pattern for a possible 4-wave correction uptrend > Wait for a pullback to complete the right shoulder consolidation pattern. > Entry : breakout - right shoulder after pullback consolidation >...