SKY - ATH - RSI70+This is a good re-entering zone. RSI went under 70 for 1 day and pulled back in the zone. The price tested EMAV15 and stand. The technical graph is 4/5 for me. The fundamental is 3/5. Thus, I will use the RSI70+ as a trailing stop.
SKY.R trade ideas
SKY | Ascending Triangle Breakout Position | Entry @ Pullback SKY | Thailand SET Index | ICT Sector | Price Action & Chart Pattern Trading
> Upcoming ASCENDING TRIANGLE BREAKOUT - Entry@Pullback position | strong momentum breakout anticipated
> RSI bullish signal above 50
> MACD bullish golden cross above baseline
Estimated TARGET POSITION above +20%
Strong DEMAND SUPPORT line for STOP ZONE
Trade with affordable risk ratio 3:1
Always respect your stop-loss
Good Luck
