Weekly Updates (FSR 7.48)
FSR Started the bull wave from 6.40s to 8.85 and once it get got rejected we started the correction till the green zone 61.8%. Fortunately we found some bulls at 7.30 I mentioned in my last updates and bulls managed to close above this fib line.
What we expect next week.
As per TA we require another close above 7.30s to add more BULL momentum to FSR to test 7.90s. IF bears were in control they will push the price back again to test the recent low 7.30 and if we close below it then we have 6s back in the picture. Closing above 7.90s on other hand will open the doors to see 8.50s again where BEARS will fight hard since its one of the MAJOR Bears camp and in case Bulls break it this time then we have major LEG UP for new numbers near to 9.80 in coming weeks.
Vey much excited to see how the MONTHLY candle could end and if we manage to close near 7.90 by end of NOV this will give FSR a great start for DEC. Bulls must hold 7.30s for now to see new highs.
FSR Started the bull wave from 6.40s to 8.85 and once it get got rejected we started the correction till the green zone 61.8%. Fortunately we found some bulls at 7.30 I mentioned in my last updates and bulls managed to close above this fib line.
What we expect next week.
As per TA we require another close above 7.30s to add more BULL momentum to FSR to test 7.90s. IF bears were in control they will push the price back again to test the recent low 7.30 and if we close below it then we have 6s back in the picture. Closing above 7.90s on other hand will open the doors to see 8.50s again where BEARS will fight hard since its one of the MAJOR Bears camp and in case Bulls break it this time then we have major LEG UP for new numbers near to 9.80 in coming weeks.
Vey much excited to see how the MONTHLY candle could end and if we manage to close near 7.90 by end of NOV this will give FSR a great start for DEC. Bulls must hold 7.30s for now to see new highs.