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TOPIC: Frontera - FRR

Frontera - FRR 08 Oct 2018 13:21 #1

  • Trendfriend
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Frontera - Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...HwqQwTPH2qTR4gZCg%3D

this looks like it trying to do a 1,2,3 low breakout atm....

Frontera - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...b4oxAx0%2F7ow5sf8%3D
taking a step back on the weekly here.
This does look very much like a repeat pattern on the falling wedge and breakout from Sep 2017... ;)

In any case we do have a trendline breakout, and a break above the 200 day ema line on the daily...

So i think this should now be good to go substantially higher imvho....
cautious traders would wait for close above the 200 day ema kine at .41p...before going long.
Should this repeat the kind of rise from sep 2017....then a rally to the best case upside target could be as high as 1.75p here...

I;m long here from .43p. with a stop below the lows.......lso, ets see how this goes

atb, wdik, dyor,
trendfriend
Last Edit: 08 Oct 2018 13:22 by Trendfriend.
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