On a longer-term chart, the price has hit the Fibonacci extension level in a downtrend of 7.05 THB. Currently, this level seems to support the price. Putting the fundamentals aside, this could be a good entry point for technical play.
The fisher transform on the weekly chart has also crossed up.
Entry: ~7.35 THB
TP: 17 THB
SL: 6.40 THB
The fisher transform on the weekly chart has also crossed up.
Entry: ~7.35 THB
TP: 17 THB
SL: 6.40 THB
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.