On monthly time frame FFL is following SHARK Harmonic pattern.
In the present bull run, prices are moving up swiftly.
125% gains in next 4 months are quite obvious.
One may take Swing trading for a week till TP-1 as RSI and KVO both suggests that TP-1 is quite easily possible. Then subsequently TP-2 as well. For TP-3 one may reenter the trade on dip expected after TP-2. However, January is always very bullish and one never knows if TPs are achieved much earlier.
Trade Values
Buy (Mkt): 16.30
TP-1: 18.52
TP-2: 23.06
TP-3: 30.33
TP-4: 36.56
In the present bull run, prices are moving up swiftly.
125% gains in next 4 months are quite obvious.
One may take Swing trading for a week till TP-1 as RSI and KVO both suggests that TP-1 is quite easily possible. Then subsequently TP-2 as well. For TP-3 one may reenter the trade on dip expected after TP-2. However, January is always very bullish and one never knows if TPs are achieved much earlier.
Trade Values
Buy (Mkt): 16.30
TP-1: 18.52
TP-2: 23.06
TP-3: 30.33
TP-4: 36.56
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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.
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.