III | Elliott Wave Projection - Corrective A Possible Breakout?Price action and chart pattern trading
> Elliott Wave projection - a possible breakout of corrective wave A position at 0.618 retracement of previous wave 5.
> Target Wave B zone estimated at 0.618-0.786 of the current wave A uptrend + 15 - 18% upside again
> Stoploss at the lowest wave A position plus ADR average day range -5 - 7% downside
> RRR 2:1 for short term trade
Always trade with affordable risk and respect your stoploss
JMART | Wave Projection | Target Downtrend Reversal BreakoutPrice action and chart pattern trading setup
> Contracting Wave Channel pattern with downtrend target around the corner.
> Entry @ minor downtrend channel in daily timeframe breakout above SMA200
> TP1 @ wave (3) position
> TP2 @ wave (5) III position for medium term
> Stoploss @ SMA200 downside -9% RRR: 2:1
Indicators signals not shown here:
> Smart money volume support
> Banker chip entry signal
KBANK | Elliott Wave - Wave 4 Support - Target Bull Pennant +30%Price action and chart pattern trading setup
> Overall wave pattern moving in diagonal uptrend with a possible wave 4 triangle sideway.
> Now making a strong pullback to triangle support could be E- wave of ABCDE pattern at EMA200W zone
> Entry : A false triangle breakdown for a possible long entry between S1 and possible S2
> Target : bullish pennant at major wave 5 diagonal zone +30%.
> Stop: Slightly below S2 -5%
Always trade with affordable risk and respect your stoploss
Good Luck
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
EA | Wave Analysis | Short Position - 3.C wave correction -25%Price action and chart pattern trading:
> A possible 3.C wave correction position - pullback entry at EMA20 zone - Target EMA200W / Fibo 0.5 retracement previous major 1 wave zone -25% downside - Stoploss @ wave 3.b position -10-12%
> Fundflow RSI tapping oversold zone but no bullish divergence signal
> BBD below 0 baseline potential lower price trending
> KDJ Stochastic downtrend ribbon continued
SCB | Wave Projection | Pullback Trade @ Bullish Pennant SupportPrice action and chart pattern trading:
> An possible ABC correction scenario with bullish pennant pattern or descending triangle
> The price currently SMA20 crossing below SMA50 with MACD crossing down bearish support indicator
> PULLBACK TRADE @ bullish pennant support level at a further breakdown with local doubled top pattern targeting -4.5% downside to fibonanci 0.786 extension of previous A-wave support level.
> Risk Reward Ratio 3:1
Always trade with affordable risk and respect your stoploss!
AOT | Wave Projection | Rising triangle ABCDE Uptrend TargetPrice 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
BDMS | Inverted Head & Shoulders | Entry @ Breakout SetupPrice 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 70
Trading with affordable risk ratio 2:1 for short term trade
Always respect your stoploss
ADVANC | Elliott Wave Projection | Complex Inverted H & SPrice 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 profile POC
> Stoploss @ B-wave right shoulder
> RRR: 2:1
Always trade with affordable risk and respect your stop
CGD | Elliott Wave Analysis | Triangle Breakout +30% UpsidePrice 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 affordable risk and respect your stoploss
ITEL | Elliott Wave Projection | Falling Wedge BreakoutPrice 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 trade with affordable risk and respect your stoploss
ASIAN | Triangle Breakout | Target for uptrendASIAN | 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
BAM | CUP & HANDLE | Estimated TARGET | ENTRY PositionBAM | 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 entry point
Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS
Good Luck
HNY 2022
SITHAI | Elliott Wave Uptrend 5-Wave Projection | Ascending ChPrice 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.
> Final 5 wave projected between 1.0 of local i wave and 1.618 extension of iv wave
> RSI and MACD bullish signal above baseline.
Always trade with affordable risk and respect your stoploss.
SAK bullishness*NO fundamental analysis*
SAK is on the rage after breaking out the significant trend line. Now, it is heading to the major zone of the market structure. If it breaks the red zone, it will lead to a huge move to the upside.
The RSI is also supporting the price on potential bullishness.






















