Comprehensive analysis of FLR
Cycles
HWC = falling trend
MWC = downtrend with weakness
LWC= no trend
Because our MWC is weak, we can look for a long position
And since our HWC is bearish, we can also look for short positions
lWC has no effect either
Only our risk management and the way we set stop loss should be different
<hr>
We are in the box in the one-hour time frame
So we can take our position with the failure of support and resistance
For long position:📈
Breaking the trend line = entering earlier and riskier
Resistance break = 0.1319 risky
Resistance break = 0.1347 = later but safer
You can choose according to your personality and strategy
For shorts position:📉
failure
0.01298 I don't see any more entries
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
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.