FVRR
Updated
#FVRR, a cool paper that has seen 500% growth in recent months. Initially, the C&H pattern was formed and executed successfully. Then there was growth, and now the upward movement began to slow down, in such cases the Wedge pattern is formed (look at the white lines). Growth is expected from the level of the current price until the end of the 5th wave in the Wedge (see the yellow circle), after which the paper will go into correction (shown by red arrows).
Trade closed: stop reached
Due to the strength of the bull market, the correction forecast has not been fully played out. If you are in a position, you need to close it and fix the loss.
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