$F Price has successfully reversed from its lows, posting a +1.04% gain, and is now consolidating in a tight range. This is a classic bullish continuation pattern after a reversal, signaling the next move will be a powerful push to challenge and break the 24h high resistance.
TRADE SETUP
· ENTRY ZONE: 0.00678 - 0.00682
· TAKE PROFIT 1: 0.00700
· TAKE PROFIT 2: 0.00713
· STOP LOSS: 0.00670
SHORT MARKET OUTLOOK
Bullish momentum is in control following the reversal. The immediate trend is up, targeting a clear break above 0.00713. The critical support for this new uptrend is now at 0.00675. A hold above this level confirms strength for the next leg.
Buy and trade here on $F
F
0.00704
-3.03%