Showing the Flag chart pattern formed previously by FREN. It's trying to break resistance at 132. If it succeeds, then the next target will be 173. support at 118. Buy On Weakness.
you can see pattern like this works well in IDX (Indonesia Stock Exhange) so, if we use techincal pattern for targeting the price, it will be around 150.
hello guys,
now i'm charting on $FREN idx stock,as you can see,it's completely making perfect waves in both impulse & correction in the daily timeframe. after recent correction, early this year, $FREN is done with C correction waves at 0.786 fib retracement (which is oversold area in daily Rsi) & making the first move of 1st impulse waves, breaking 3 previous...
