FB reached strong support line
Possible long position in FB:
Broke uptrending channel since March. About to reach major support price and might bounce higher.
Stop should be set < 247 (end of day).
Rough days in front of us, trade with extra cautious.
Broke uptrending channel since March. About to reach major support price and might bounce higher.
Stop should be set < 247 (end of day).
Rough days in front of us, trade with extra cautious.
Note
Got support exactly at the support line in the picture (247$).There's opportunity here for a pull back.
Let's see if we have a confirmation candle for reversal on the daily.
Keep track tomorrow
Trade active
Buy 250 .looking good for the short-term
Trade closed: target reached
closed position
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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.