Long
Facebook is ready to resume the bull run ?
+ Uptrend and Bullish. EMA20 > EMA50 > EMA 200 and sloping up.
+ FiFT remain +ve. Small spike but below average (Bull Force Remain in Control. )
+ ATOM signalled Buy
+ Fast Turtle Buy bouncing off from, Resistance turned support 220-225 area, Fibo Retracement 0.382 and EMA10
- the only concern is relatively small volume is pushing the price. Spike in FiFT is below average. Bounce might not be strong enough.
Accumulate buy, reason:-
+ Rounding Bottom pattern completed. Breakout and Retest 220-225. This support seems pretty strong. (-4% from entry price)
+ TP based on Rounding Bottom Fibo Projection is 250 and 280. Giving attractive Risk Reward Ratio 2 and 4 respectively. (+10% and +20% from entry price)
+ FiFT remain +ve. Small spike but below average (Bull Force Remain in Control. )
+ ATOM signalled Buy
+ Fast Turtle Buy bouncing off from, Resistance turned support 220-225 area, Fibo Retracement 0.382 and EMA10
- the only concern is relatively small volume is pushing the price. Spike in FiFT is below average. Bounce might not be strong enough.
Accumulate buy, reason:-
+ Rounding Bottom pattern completed. Breakout and Retest 220-225. This support seems pretty strong. (-4% from entry price)
+ TP based on Rounding Bottom Fibo Projection is 250 and 280. Giving attractive Risk Reward Ratio 2 and 4 respectively. (+10% and +20% from entry price)
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.