ANALYSIS 🔎 - FRONTUSD was bounded in the falling wedge (FW-1) pattern. - Price brokeout above the falling wedge's (FW-1) resistance. - The market then retraced and is testing the flip horizontal support (FHS). - There's a relatively high concentration of buyers at the test zone. - The retracement is bounded another falling wedge pattern (FW-2). - A falling wedge pattern is a bullish reversal pattern. - There's a breakout potential.
BUY ENTRY ⬆️ - Breakout above the falling wedge's (FW-2) resistance and horizontal resistance level (R1).
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