FL 9/14/2022

14 Eyl 2022

FL
Daily chart analysis

FL has been in a downtrend for quite some time now.
It has now pulled back to the downtrend line it has created. This area will be considered an area of value.
We have stochastic reading just coming down from overbought
We also have the MACD just crossing under its signal.

Downtrend + Overbought stochastic + Pullback to area of value = Short trade entry

Entering trade short

Entry: 37.53
Stop loss: 41.92(-11.70%)
Target: 24.76, +34.03%, 2.91 RR ratio

23 Ara 2024

İşlem kapandı: durdurma seviyesi