FLOKIWETH Dynamic S/R| Price Action| Trend| Swing High

١٠ أغسطس ٢٠٢١

Evening Traders,

Today’s analysis – FLOKIWETH – Trading with consecutive higher lows where a trend continuation is probable,

Points to consider,
- Price Action Trending
- Dynamic S/R Support
- Swing High Objective
- Low Volume

FLOKIWETH’s immediate price action is trading with consecutive higher lows, allowing for a bullish bias.

The Swing High is the immediate objective, exceeding this level increase the probability of a trend continuation.

The current volume profile is below average, an influx is highly imminent when an expansion occurs.

Overall, in my opinion, FLOKIWETH is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“Never let a win go to your head, or a loss to your heart.” – Chuck D.