IFL looks to be breaking down
IFL looks to be breaking down as price drops out of channel. Hanging man candle followed by 2 very bullish candles which have taken the price below the 8EMA and testing the 20EMA. MACD crossover and RSI now turning bearish. Down on the 1hr chart the story is even worse with a double death cross of 8EMA under 20 & 100.
Target 1: 3.45
Target 2: 3.19
For educational purposes only
Do your own research
Target 1: 3.45
Target 2: 3.19
For educational purposes only
Do your own research
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