Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
After breaking above 0.6, FET surged by 80% and it is currently rejecting a major weekly resistance at 1.0 - 1.05.
📈 For the bulls to remain in control and take over from a macro perspective, we need a weekly candle close above 1.05.
On H1: Right Chart
📉 If the last major low in red at 0.885 is broken downward, expect the bearish correction to start
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
On Weekly: Left Chart
After breaking above 0.6, FET surged by 80% and it is currently rejecting a major weekly resistance at 1.0 - 1.05.
📈 For the bulls to remain in control and take over from a macro perspective, we need a weekly candle close above 1.05.
On H1: Right Chart
📉 If the last major low in red at 0.885 is broken downward, expect the bearish correction to start
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal