Looks like a classic relief bounce is brewing here on $FWDI 👀
We just had a clean break above that yellow descending trendline and caught a bounce right off the 5.50 support zone.
The daily candle is looking strong.
🟢 Entry: 5.70 - 5.80
🎯 TP1: 6.80
🎯 TP2: 7.50
🛑 SL: 5.35
Risk/Reward is solid here. Don't overleverage, we are still in a broader downtrend.
Let's see if we can reclaim 6.80. 💪
Not financial advice. DYOR.
$FWDI
We just had a clean break above that yellow descending trendline and caught a bounce right off the 5.50 support zone.
The daily candle is looking strong.
🟢 Entry: 5.70 - 5.80
🎯 TP1: 6.80
🎯 TP2: 7.50
🛑 SL: 5.35
Risk/Reward is solid here. Don't overleverage, we are still in a broader downtrend.
Let's see if we can reclaim 6.80. 💪
Not financial advice. DYOR.
$FWDI
