✳️ Firo Very Strong Pattern, Must Read! (Easy 280%)

6. Sept. 2023

We have a higher low long-term when we look at the low hit June 2023 vs the low hit in May 2022. I mention this because it is very important as it cements the bullish bias, with this there is no doubt.

Now, you can ignore the left side and focus on the right side of the chart.

The June 2023 low produced a rounded bottom which is a very strong reversal signal on its own. But, after the rounded bottom and ensuing bounce prices go 100% sideways/flat and this is even better when it comes to TA, it says a lot.

This type of market action reveals what comes next... We can always add the other signals, the classic ones, for additional strength.

✔️ Trading above EMA50, bullish RSI, bullish MACD... You know the rest!

Namaste.