FPE3.DE
Upward trend and correction to Fibo level 38.2 and levels of horizontal support.
Formation double bottom - possible increase
Price action: Bullish Engulfing - positive signal
50SMA over 200SMA - positive signal
SL: 46.04
Alternative scenario: If the price breaks below the support at 46.54, it is possible a new bearish impulse to follow.
Junior Trader Stefan Panteleev
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