IFL - Bullish Trade Plan

10 авг. 2021 г.

IFL looks constructive and recently it has been consolidating at the Resistance level. As it has been in the range, we might see a minor swing low towards the upward sloping trendline around $3.90 - $4.00, which is also my Buy Zone. If it pulls back, it could be a very good buying opportunity for the next leg higher. I would wait for bullish price action confirmation to ride the swing. My target would be the next Resistance level of $5.40.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.