FET 8H chart--Same structure building as last time
BULLISH SCENARIO: from this range we continue up to the next "high traffic" area ($1.20-1.50). This would be a 50% move or so, def an area to take profit. If $1.20-1.50 gets flipped and holds, price should move up into the trendline.
BEARISH SCENARIO: Price rejects here and moves down to stophunt the FEB low around .60. This is where we should see a nice reaction to the upside.
Thanks for reading!
BULLISH SCENARIO: from this range we continue up to the next "high traffic" area ($1.20-1.50). This would be a 50% move or so, def an area to take profit. If $1.20-1.50 gets flipped and holds, price should move up into the trendline.
BEARISH SCENARIO: Price rejects here and moves down to stophunt the FEB low around .60. This is where we should see a nice reaction to the upside.
Thanks for reading!
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Thanks for you time! Please like and follow!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.