FXSUSD Breakig over an 8 month Resistance.
Frax Share has crossed over the 8 month Falling Resistance for the 2nd time in 2 weeks.
If a (1d) candle closes over it, it most likely is an indication of the start of a new uptrend.
Trading Plan:
1. Buy upon a (1d) candle close over the Falling Resistance.
Targets:
1. MA200 (1d).
2. 7.0000 (Resistance 1).
Tips:
1. The MACD (1d) is about to form a Buy Cross near the 0 level. Indication that a potential uptrend can extend considerably higher.
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If a (1d) candle closes over it, it most likely is an indication of the start of a new uptrend.
Trading Plan:
1. Buy upon a (1d) candle close over the Falling Resistance.
Targets:
1. MA200 (1d).
2. 7.0000 (Resistance 1).
Tips:
1. The MACD (1d) is about to form a Buy Cross near the 0 level. Indication that a potential uptrend can extend considerably higher.
Please like, follow and comment!!
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