Hey yo,
Today, SET index create the very strong rejection bar.
As a result, the overall momentum become upward despite being downtrend.
As i analyzed down into the smaller timeframe,
I think how they would behave can be decided into 2 cases.
First, can stay above 1095, it would likely hit the 1140 target. if broken, next target 1193
Second, cannot stay above 1095, it would go back to create sub-second leg around 1065.
Then if can hold at the level, it would go to 1140 too.
This is personal opinion. Dont take it too serious.
Best Regards,
TraderPP,
Today, SET index create the very strong rejection bar.
As a result, the overall momentum become upward despite being downtrend.
As i analyzed down into the smaller timeframe,
I think how they would behave can be decided into 2 cases.
First, can stay above 1095, it would likely hit the 1140 target. if broken, next target 1193
Second, cannot stay above 1095, it would go back to create sub-second leg around 1065.
Then if can hold at the level, it would go to 1140 too.
This is personal opinion. Dont take it too serious.
Best Regards,
TraderPP,
Transaction en cours
The analysis is achieved on the first phase.Thank you for reading and enjoy the analysis !!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.