First Industrial Realty Trust (FR) - Short SetupThis should provide a decent risk/reward for shorts entering within the red zone.
FR trade ideas
FR SWING TRADE IDEA i am looking for longs in the balance area because we are thinking price is gonna break this balance
FR 1-20.2021 LONG TRADE42.53 ENTRY PRICE.
38.28 10% STOP LOSS.
44.66 5% TARGET.
46.78 10% TARGET.
RSI above 50 with a steep incline.
Volume at 100% +.
Price above 200 sma uptrend bias.
Hugh large Bullish engulfing candle.
Price above both all ma's.
Price had a bullish breakout of range top.
Price closed above 50 sma for a bullish bias.
FIRST INDUSTRIAL REALTY TRUSTNYSE:FR
Hi, traders!
Lets take a look at the paper I picked up for trading on Tuesday.
From March 24th, it finished its fall and was led upwards.
On April 09, it was the first time it encountered a level formed by an upper retracement in a downtrend.
On April 14, the instrument tested the level again, but failed to take it: made a false breakout of only 4 cents, the instrument broke the SL of small retail short players.
But here's the analysis and logic of what was going on next: a large short player triggered the SL of the small short players - he sold the paper to the market shortsmen at an advantageous price, as a result, the price can not get fixed above the level and goes down, returning to the short zone.
On the same day we fall, and then - gap down.
Since April 15, there is a rivalry between the big long player and the short player: the price goes up and down.
On April 28, the long player starts to win and raises the price to 38.68, but he cannot hold it. We see the fall again.
Since May 14, the price has grown by 12%. We hit the level of 36.53 and can not overcome it.
I expect a series of close retests and a struggle for the level and will join the one who wins in this fight, but I am sure it will be a long player.
I leave it on the list and waiting for the level to work out.
Trade wisely!
First Industrial Realty Trust (FR) long.All description on the chart.
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Thank you.
FR: Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 31.10 - 31.27 as previously being back tested.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
FR - Trading a trend - on a trend - on a trendTrading idea of following the trend of a trend of a trend.
Cyan line traces the continuous daily high's and lows.
Blue line traces the continuous higher highs - higher lows or
lower highs - lower lows of the cyan line
Purple line traces the continuous higher highs - higher lows or
lower highs - lower lows of the blue line.
The combination gives Target, and Stop Loss settings
