FB looking bullish here entered long position on bounce off 164.14 support. Targets 1 2 and 3 highlighted in green. Need to see how price reacts at 171 level. Break of that level for continued bullishness and 188 target. If rejected at 171 level may see retest of 152 level.
Bearish scenerio although is double rejection at 171.40 area. High probability of gap getting filled at 152 before any further bullish actions.
I personally am long. Let us see what is decided.
Bearish scenerio although is double rejection at 171.40 area. High probability of gap getting filled at 152 before any further bullish actions.
I personally am long. Let us see what is decided.