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 trade ideas
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
