FSR Potential Short coming soon

By RossLarter
FSR broke through a support trend line late November which it has since tested again and it seems to have become a resistance level. If it continues downwards and the MACD crosses downwards as well, I think we could see a short move down towards the 5200 price area. I will wait for confirmation before entering.
ALSIfirstrandFSRjsesouthafricaSupport and ResistanceTrend AnalysisZAR
RossLarter
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit suretrading.co.za

Disclaimer