FSR - FIRSTRANDFirstrand has formed a head & shoulder formation on the daily chart. It made a false break out of the head & shoulder as well as the bullish downward channel. It is currently testing the ema 50, and i am waiting for a turn around candle to enter trade. First target is 6900, 2nd target 7600.
Should price go below 6342, this would negate this trade.
