ORP.FR
Our Expectations: We expect the price to continue its upward movement after correctiong to Fibo level 23.6, levels of diagonal support and flag break.
Alternative scenario: If the break of the flag turns out to be fake and the price returns to the flag, a downward impulse may follow.
Comment:
Ascending trend
Correction and break of aFlag
Price over 50SMA - positive signal
50SMA over 200 SMA bullish formation
RSI (14) remains above 50 - positive signal
SL 97.04
Junior Trader Stefan Panteleev
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