SFP is having a strong correction after a strong rise in mid-October. The $1.7 zone is being the support at the moment and the SFP could rally to $2 and $2.4 in the next few days. But if it continues to lose the 1.7$ zone, it will continue to fall back to the 1.5$ and 1.3$ zone
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 1.7$ zone
đŽBuy : 1.7
đŽSell : 2 - 2.4
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 1.7$ zone
đ”Sell : 1.7
đ”Buy : 1.5 - 1.3
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 1.7$ zone
đŽBuy : 1.7
đŽSell : 2 - 2.4
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 1.7$ zone
đ”Sell : 1.7
đ”Buy : 1.5 - 1.3
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section