Hello everyone,
FRGT has been setting up quite nicely since a long time.
Looking at the chart on 4HR timeframe, it has setup a Cup & Handle pattern. It even broke the cup resistance line at 0.5292 and closed the price above on the daily at 0.5599. This is a bullish indicator.
Entries can be made based on how the next candle runs. If you'd like to enter now, I'd have a tight stop loss at around 0.47.
Target levels are :
Target 1: 0.6037
Target 2: 0.7062
Target 3: 0.8087
Target 4: 1.36 (being hopeful here.)
Note: Scale out as it goes up.
Stop-Loss: 0.47
Do your own research before trading. Please like if you agree or comment if you have any questions.
Happy trading!
FRGT has been setting up quite nicely since a long time.
Looking at the chart on 4HR timeframe, it has setup a Cup & Handle pattern. It even broke the cup resistance line at 0.5292 and closed the price above on the daily at 0.5599. This is a bullish indicator.
Entries can be made based on how the next candle runs. If you'd like to enter now, I'd have a tight stop loss at around 0.47.
Target levels are :
Target 1: 0.6037
Target 2: 0.7062
Target 3: 0.8087
Target 4: 1.36 (being hopeful here.)
Note: Scale out as it goes up.
Stop-Loss: 0.47
Do your own research before trading. Please like if you agree or comment if you have any questions.
Happy trading!
Not
Target 1 reached : 0.6037Make sure to scale some out.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.