If I hadn’t bought it earlier, I will try to buy it if the following candles successfully fall back to test the middle line of the channel.
Long-72588/Stop-70K/Target-100K
การซื้อขายยังคงดำเนินอยู่
On the 4H Chart,
K1 and K2 is a bearish engulfing pattern.
It verified a potential resistance.
it seems that a short-term consolidation had not ended yet.
Perhaps it will expand at K5.
If K5 close below K2,
It is likely that the market will fall to test 73K area.
It will be a good place to buy it there.
On the other hand,
It is also possible that K5 or the following candles close upon K2.
If that is the fact,
A potential bull flag will be terminated,
And another bull run will start here.
On the 4H Chart,
K2 and k3 verified a potential hammer candle of K1.
If the following candles close upon the resistance.
Another bull run will strart here or the consolidation will expand to test 94K area.
On the other hand,
It is also possible that K5 or the following candles close below K2.
If that is the fact,
A potential bull triangle will be terminated,
And the consolidation will expand to test the lower price area around the support.
Long-90800/Stop-90100/Target-106K
บันทึกช่วยจำ
From K1 to K3,
It is a potential three soldiers stalled pattern.
The supply pressure at K2 keeps at high level.
The risk around 100K area is increasing.
But it must be verified by the following candles.
K3 may keep expanding up or fall down to test the lower price area of K2.
I choose to decrease my long-term positions to avoid a potential consolidation.
I will try to buy back if the following candles fall to test the support lines.