ForTube (FOR) - Falling wedge

On the above 10 day chart price action has corrected 86% since late 2021. A number of reasons now exist for a long position.

1) Price action and RSI resistance breakouts.

2) Support on past resistance confirms.

3) The falling wedge breakout forecasts a 100% near term move.

4) GRM support confirmed.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <= 6%
Timeframe for action: yesterday
Return: 100%

Trade aktif