FLO has an upber bullish long term price fractal. Wave 1 alone, of the the larger third wave (Circle iii off screen) should take us to 28 cents. However, we have very sloppy price action locally making short term direction questionable. It is possible that we are in red count, but the red five up may also be c of white b. The large box below is long term support down to .006 so waiting so having a tight stop on the red count is important, and if below the point marked red circle ii, this setup is unlikely and we may be heading down to white circle ii.
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Note non of my work, including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.
