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IVL | Ascending Triangle | Bull Trap - Limited Upside
INDORAMA VENTURES PCL
Short
IVL | Ascending Triangle | Bull Trap - Limited Upside
By dukeposh
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Updated
Mar 13
2
Jan 9, 2022
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
Mar 13
Trade closed: target reached
Target reached at key volume profile support at the previous wave 2 zone - possible at important liquidity support
Ascending Triangle
bullishtrap
bulltrap
priceaction
setindex
Supply and Demand
Support and Resistance
Triangle
dukeposh
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