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.
Just finished the ABC correction waves.. and start making an impulsive wave in hourly timeframe
If upper flags gets broken and price are closed, possible entry is 123. The possible target might be to 134.
Risk 0.5% and volatility 50%. we hope it can growth 1 times minimum at 2 years. at least we hope it can give us 50% growth in 1 years
FREN: Strong Bullish Ichimoku; Bearish Stochastic (%K = 46.67); Bullish MACD (MACD Level = 2.96);
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.
strong buy fren SL if break down 70 aiming 105, 122 & 130
still on an uptrend. next resistance at 120 Disclaimer: This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades,...
FREN GOING TO 80 IF BREAK 80 GOING UP TO THE MOON