dukeposh

dukeposh

A potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown. Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex...

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Price action and chart pattern trading setup: > A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support. > The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09. > Indicator: both...

dukeposh

A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci...

dukeposh

A potential bull trap scenario with one more wave downtrend. 1. First correction - Extended flat ABC Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A 2. Complex triangle ABCDE pattern 3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retracement at ma50w, creating a false breakout signal before final wave...

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This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction...

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IVL | Thailand SET Index | Petro Sector | Chart Pattern Trading > Ascending Triangle continuation pattern - Bullish Trap with limited upside > Price Action: Wait for tighter candlestick consolidation - Entry @ Demand Support Line Zone only > RSI - bullish trap signal > MACD - Bearish Divergence DP

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A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag. S1/S2: pullback descending triangle support / ema20w zone T1: 100% fib extension +50% T2: 161.8% +90% Indicator: RSI week - tapping into OB area...

dukeposh

A possible 1-2-3 bullish pattern with an inverted h&s breakout Target: 162% Fibonacci extension - wma200 week +90% Entry: breakout retest wma20w SL: week low position (week candle wick) -20% RRR: 4:1

dukeposh Updated 

Confluent Wave Analysis with price action and chart pattern trading setup: > The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave. > Entry at B-D downtrend line breakout / WMA50 week > Target 1 @ 161.8% Fibonanci extension...

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A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden...

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Wave Analysis - weekly timeframe with a possible ABC correction wave > Target: Fibonacci retracement 61.8 - 78.6% +30% upside > Entry: TFD Falling downtrend channel breakout Key support: WMA20W - target correction zone Indicator: RSI Week - overbought but still no signs of divergence

dukeposh

An inverted head & shoulders breakout in weekly timeframe, possible ABC wave pattern Entry pullback trade position retracing at the inv. h&s neckline support - SMA20W TP1 - 161.8% extension +70% @ downtrend triangle resistance TP2 - 261.8% SL - B wave lowest position RRR: 3:1

dukeposh Updated 

Price action and chart pattern trading setup > Global pattern bullish complex inversed head & shoulders pattern breakout > Local bull flag breakout EMA200 dynamic resistance with strong bullish candle - a possible ABC bullish wave targeting new wave 1 > Support pullback entry level : EMA200 zone > Target 2X bull flag pattern @ 0.786 - 1.272 fibonanci extension...

dukeposh

Price action and chart pattern trading signal A potential bullish Cup&Handle with ABC correction wave pattern moving within a bull flag downtrend channel, retraced -61.8% of uptrend diagonal wave and rebounded now testing wma200 resistance. An upcoming bullish divergence is possible to support wave 5 of c leg, if breakout 200ma successfully, Entry: bull flag...

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Price action and chart pattern trading setup > A possible uptrend scenario with ABCDE symmetrical triangle major wave 4 ending E - wave position, just above SMMA200/100/50 week making its way up to the triangle resistance wave D. > Target: Wave projection target breakout triangle resistance from position E-wave as TP1 +30% upside > Stoploss: E-Wave position -8% -...

dukeposh

After a long mega bull flag formation breakout and retesting its support Now a potential ABC wave bullish pennant in progress Entry: Pennant breakout confirmation SL: Below pennant T1: 100% ext. Fibonacci - 15+ baht T2: 161.8% - 18+ baht Indicator: RSI week bullish divergence breakout Always trade with affordable risk, respect your stop

dukeposh

A possible leading diagonal wave 1 or A completed with 5-3-5 pattern in July. Wave 1 extension the longest with 5 wave pattern - wave 1.3 extended, RSI bearish divergence signal between wave 1.3 - 1.5. Wave 2 retraced 61.8% of wave 1 ABC pattern. Wave 3 extended 127.2% of wave 1 - wave 3.1 the longest and 3.5 the shortest wave. Wave 4 - a falling triangle pattern...

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Price action and chart pattern trading: > The weekly price currently trading below EMA200 W with a possible 4-wave correction rising wedge pattern, approaching target EMA200D > Entry @ rising wedge breakdown > Target @ 0.618 extension rising wedge target +20%+ > Stop @ EMA200D -10% downside > Risk reward ratio 2:1 Always trade with affordable risk and respect...