I don't want to predict too many bottoms, but what I see here is a nice ABC correction. It went down to the 0.5 fib level, now there should be another wave of impulse next.
I have marked the areas where it may see a reaction up and down, but regardless of this, I will wait for it to make a new peak.
I have marked the areas where it may see a reaction up and down, but regardless of this, I will wait for it to make a new peak.
Note
Now it seems like this. Move on FLR!
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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.