FPRX LONG

٧ يوليو ٢٠٢٠

FPRX is currently holding above resistance at 6.12. i see a bullish flag pattern on the daily but bearrish sructure on lower time frames. to hedge against a break down, a stop order is ideal for this idea. i have entry price set around 6.20 with a stop at 5.61 and a target of 8.16. overall risk/reward is 3:1