The setup for this trade can be found here:
After giving small wins and losses for awhile, the decision to move to the 15-minute chart on the FKLI paid off. Prices came into the support zone, and then bounced off, giving the potential for a 3:1 trade before providing any ominous or ambiguous price action.
It is now headed upwards to hopefully test and activate the daily resistance zone. The setup is described here:
We will be watching the next trade develop with interest.
Head Trader Consultant