Hi everyone
if you followed my last publish on FIL before, I mentioned the price already
broke all possible trend lines and now we wait for a nice upward pressure
so we had this chart below
then this one
and this one
by now as you can see price is moving into a bullish flag so if the price can
finally manage to break and close above the local channel, more upward
pressure is expected.
our main support level is 22.25 and important to hold the price in uptrend.
Enjoy the market
if you followed my last publish on FIL before, I mentioned the price already
broke all possible trend lines and now we wait for a nice upward pressure
so we had this chart below
then this one
and this one
by now as you can see price is moving into a bullish flag so if the price can
finally manage to break and close above the local channel, more upward
pressure is expected.
our main support level is 22.25 and important to hold the price in uptrend.
Enjoy the market
Trade closed: stop reached
if you followed my rule your stop loss must hit. so our last chance could help the price stop dropping more is the local trend line and if broke price will drop. moving back into our channel on the other hand can push the price upward again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.