FOLKS is printing one of the strongest structures on my watchlist right now.
Price didn't just spike... it held the gains. That's often the difference between a short-lived pump and the beginning of a sustained trend.
The 2.91 resistance is the level to watch. If bulls flip it into support with strong volume, I wouldn't be surprised to see another expansion move.
Trade Setup:
Entry: 2.78–2.82
TP1: 2.95
TP2: 3.10
TP3: 3.30
SL: 2.68
Momentum favors the buyers, but patience matters. I prefer waiting for confirmation over chasing candles.
Sometimes the best trades aren't the fastest—they're the ones where the trend keeps proving itself.7
#IranCutsCrudePrices #OilRebounds3% #IranCutsCrudePrices #FOKS