Comprehensive analysis of FLR

8 nov

Cycles
HWC = falling trend
MWC = downtrend with weakness
LWC= no trend
Because our MWC is weak, we can look for a long position
And since our HWC is bearish, we can also look for short positions
lWC has no effect either
Only our risk management and the way we set stop loss should be different
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We are in the box in the one-hour time frame
So we can take our position with the failure of support and resistance

For long position:📈
Breaking the trend line = entering earlier and riskier
Resistance break = 0.1319 risky
Resistance break = 0.1347 = later but safer

You can choose according to your personality and strategy

For shorts position:📉
failure
0.01298 I don't see any more entries

If you want me to analyze a coin, tell me in the comment🫡

⚠️ Do capital management to survive ⚠️