FSR setting up LONG

2023년 7월 25일

FSR as shown on the 2H chart current has its price sitting near to the

lower Bollinger Band and is supported by both the mean VWP anchored back

in mid June when the price was bouncing over and under the basis band of

the Bollingers. Price is also supported by confluence between that mean VWAP

and the short term POC line of the volume profile showing validity and balance

in recent trading above this zrea. The Chris Moody MACD indicator shows the

lines crossed under the histogram which went red to a tiny green and also

generated a green ball, a buy signal of sorts. FSR has been on a pullback for

about ten trading days. The analysis is that it is now ready to trend back up.

Overall,

I see this as a long trade setup targeting first the basis band of the Bollingers

at 6.50 then the upper band at 6.80 and finally as a target for any runners the

second deviation line above the mean VWAP (thick red) at 7.20. Although FSR

is highly volatile I assert that buying low more often than not leads to sellng higher.

2023년 7월 29일

액티브 트레이드

FSR is still set up this is the details of the update.