FFC ABCD PatternFFC : ABCD Pattern on Daily Chart depicts a potential movement towards Point D, provided the price crosses and sustains above Point B. Entry point and stop loss is indicated on chart.
FFC trade ideas
FFC in hit its all time high a strong bullish ride.
touched its all time high and now taking a retracement.
can take instant entry.
Price should at least hit its previos HH.
FFC - SHORTFFC currently in a bullish trend on 1hour chart,
divergence was printed there's a possibility of reversal from this zone
short entry is recommended
FFC-----Bearishthere is higher high and higher there is divergence in volume and divergence in rsi there is complete of elliote wave theory
FFC (analysis). Long.
Technical Analysis: FFC (Ticker: FFC)
Pattern Analysis: FFC is forming a bullish flag pattern, signaling a potential continuation of the uptrend.
RSI Analysis: Although a bearish divergence is observed on the RSI, the trend is not yet complete, suggesting a possible upward movement.
ADX and DI+ Analysis: ADX and DI+ indicators are bullish, further supporting a potential price increase.
Trade Recommendation: Consider buying FFC at 147 with a stop-loss below 137 to manage risk.
Resistance Levels: Resistance levels are marked, with targets set at 158 and 179.
Summary: Bullish flag pattern with bullish ADX and DI+ signals. Entry at 147, targets at 158 and 179. 📈✨
Disclaimer: This analysis is for educational purposes only and not financial advice. Perform your own analysis before investing.
Making HH HL on Daily TFPositive Sign: Making HH HL on Daily TF
Negative Sign: Bearish Divergence appearing
on Weekly TF
125.50 - 126 is a Monthly Support Level should Sustain
on Monthly Basis
However, 130 is Currently an Important Resistance
Stance: Should wait to Cross & Sustain 131 - 132
to Target 138 - 145
