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Break-out in the wedge pattern + bull flag pattern in FLDM
FLDM has shown a break out in the wedge pattern.
The upper trendline which used to be resistance can now become the lower trendline functioning as support.
We also see a pull back to the support trendline (previous upper trendline) in the form of a bull flag pattern.
I identified nearby resistance level at 8,30 (which you can find on the monthly chart). Price bounced back from that level in 2015 and 2016.
I will enter this trade at 7,60.
My profit target is 8,30.
My stop loss is 7,39.
Happy trading!
The upper trendline which used to be resistance can now become the lower trendline functioning as support.
We also see a pull back to the support trendline (previous upper trendline) in the form of a bull flag pattern.
I identified nearby resistance level at 8,30 (which you can find on the monthly chart). Price bounced back from that level in 2015 and 2016.
I will enter this trade at 7,60.
My profit target is 8,30.
My stop loss is 7,39.
Happy trading!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。