The current wave count on FLR could be indicating that a big drop is incoming. If price fails to get above the top box, then it will likely come down to the range of the lower one. However, if it breaks through the upper box, then that area could act as a launching pad for much higher prices. We will have to watch and see how it plays out over the next few days and reassess.
@br69695guw, Nobody knows for sure, but I think we will drop down into the lower box to around the .025 level. I don't think that one quick candle down is going to suffice all the selling. Seems like there will be more to come.