$FB almost there to bounce
Updated
We are almost there with 
FB, as you can see the pattern measuring the ATR with Keltner Channels.
My target is the 3rd upper ATR after the before-seen RSI confirmation rising from below 50% and the candle being almost halfway from 1-2 ATR.
However, it might just bounce without touching the 1 ATR level as it did on Aug 04 (see rectangle)
FB, as you can see the pattern measuring the ATR with Keltner Channels.My target is the 3rd upper ATR after the before-seen RSI confirmation rising from below 50% and the candle being almost halfway from 1-2 ATR.
However, it might just bounce without touching the 1 ATR level as it did on Aug 04 (see rectangle)
Trade active
It broke the initial idea; however, now, I can see a great risk-reward with this bullish engulfing candle.
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