FBR no brainer at ~3.8c heaps of confluence. Fit the strategy perfect and double bottom of a well-established support/res zone. Divergence too. This setup in particular was really good from a risk/reward perspective, stop loss just under the double bott and target 1 would be around 5.8-6.1c where some bag holders will bring some selling pressure, expect a retrace to the 9 ema at least. With our backtesting, we know these setups tend to run a lot further than that though.
8-9c zone is another spot to look at as a target, but we will track those emas and see when they cross.
