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dukeposh

IIG | Elliott Wave Analysis | Falling Wedge Breakout Target +22%

Long
I&I GROUP PCL (SET:IIG)  
dukeposh  
SET:IIG   I&I GROUP PCL
Trend Analysis Chart Patterns Wave Analysis setindex priceaction elliottwaveprojection elliotwaveanalysis Falling Wedge
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trendanalysis chartpattern waveanalysis setindex priceaction elliottwaveprojection elliotwaveanalysis fallingwedge
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 affordable risk and respect your stoploss.
Good Luck
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