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Technical analysis by Zorroreny about Symbol FIRO: Buy recommendation (5/13/2025)

https://sahmeto.com/message/3508556
Zorroreny
Zorroreny
Rank: 241
3.3
Buy،Technical،Zorroreny

FIRO playing with nerves but when looking at indicators we are oversold with pattern similar to AIOZ before it reversed and looking at larger picture we are in big falling wedge formation. So I expect reversal leading to breakout of wedge formation and push to local fibb 0.886 range, possible even wick of May 2021 pivot. After that a pullback to test breakout of wedge formation and to try form a higher low.

Translated from: English
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Signal Type: Buy
Time Frame:
10 روز
Profit Target:
$0.8
Stop Loss Price
$0.5
Price at Publish Time:
$0.68175
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